Which of the following are of capital nature?
(a) Purchase of a goods
(b) Cost of repair
(c) Wages paid for installation of machinery
(d) Rent of a factory
Answer Posted / nitesh talreja
a) wages paid for installation of machinery.
Installation cost will be added to cost of machinery and depreciation will be charged on total value.
| Is This Answer Correct ? | 11 Yes | 0 No |
Post New Answer View All Answers
What is the difference between trial balance and general ledger?
Under Accrual Accounting, How Are Worker Comp Premiums Handled?
I have deducted Notice pay Rs. 5000/- in which account to be booked the same enty, what is the head for notice pay in profit and loss a/c.
Mention in simple terms what is the difference between asset, equity, and liabilities?
What are trade bills?
Tell us how can you define departmental accounting?
What is meant by public accounting?
Tell me what is the master account?
WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY
In Service tax Return ST-3 What is meaning of first Row (i) Service tax payable (a) Gross amount received in money (I) Against service provided Pls explain in detail
Explain what are the accounting events that are frequently involved in compound entries?
Explain accounting 101?
What qualification do you need to become an accounting professional?
1.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,
give me examples of the accounting reports you have prepared