Interested to Buy Any Domain ? << Click Here >> for more details...
Is depreciation on fixed asset a capital expenditure
- 6 Answers
- 12080 Views
- I also Faced
- E-Mail Answers
Answer Posted / h.r. sreepada bhagi
Capital Expenditure results in creation/acquisition of Fixed
Asset. Depreciation is the process of reducing the value of
fixed assets in the books over the period of its life (in
any prescribed method and rates prescribed by Companies Act
or any other applicable law) by charging to the profit &
Loss A/c.
Its debited to the Profit & Loss A/c like any other Revenue
Expenditure.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
what are the questions commomly asked in reuter's interview.?
What is Acquisition?
how to prepare HSD statements in tally
what is the use of accounting standards
A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if. The selling price is reduced by 5 %. Fixed cost is increased by 2 lacs
please give the sbi bank clerk exam paper model in last five years?
what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?
what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.
Expand-------ANC
distinquish between liquidity ratio and asset management ratio
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
objective of accounting
Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa
what tax will be on puchasing of sweets and is necessery to use form 38.
