Answer Posted / h.r. sreepada bhagi

Revenue Expenditure - Amount of expense relating to a
particular Accounting/Financial year - Eg. Stationery
purchased, Staff Welfare Expenses, etc. These expenses will
be charged off in the Profit & Loss Account in the same year.

Capital Expenditure - Amount of money spent on acquiring an
asset - Eg. Purchase of Land, Furniture, Computer, etc.)
Since the benefit of these assets is spread over several
years, these expenditure will be charged off over the period
of the life of the asset (As per the method & rates
mentioned in the applicable Law in any country) in the name
of depreciation.

what is lease accounting?? please explain me....

2201

---

SIR HOW MANY FORM USE FOR COMMERCIAL TAX & WHAT IS THEIR USES. PLEASE GIVE YOUR SUGGEST

1993

---

What is the equation for acid-test ratio in accounting?

1003

---

What is computerized accounting?

1008

---

How to make deductions of the employees from salary against the loan in AP module oracle R12

2138

---

What are the activities that are included in the cash flow statement?

957

---

how will you adjust voluntary seperation payment in cash flow statement

2033

---

Explain me what makes a successful account manager?

1005

---

What are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1118

---

Which steps in Procurement to Pay process does FI documents get created.

2060

---

What is cost accountancy? What are the objects of cost accountancy?

996

---

under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?

2012

---

What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?

2028

---

What is the purpose of a balance sheet?

1258

---

what is valuation code and valuation modifier in sap fico

2374

---