0
Add your answer:
Earn +20 pts
If a capital expenditure is treated as a revenue expenditure then?
Now, if a capital expenditure is treated as a revenue expenditure, then the expenses would be overstated and also the Fixed assets would be overstated
What would happen if you recorded a capital expenditure as a revenue expenditure?
if you recored revenue expediture as capital expediture your profit will be decrease by that amount
Is modifications to existing AC system considered leasehold improvement?
If the modification is simply replacement of worn out parts (broken ducts, etc), it would probably be repairs. If the expenditure is significant, such as replacing the central unit, or if the expenditure is an addition, such as a computerized control system, then it would probably be a Leasehol Improvement.
Which of the following would be an example of capital deepening?
paying for an employee to take college courses
What is the link between irregular fruitless and wasteful and unauthorised expenditure?
Fruitless and wasteful expenditure; means expenditure which was made in vain and would have been avoided had reasonable care been exercised. Irregular expenditure; means expenditure , other unauthorised expenditure, incurred in contravention of or that is not in accordance with a requirement of any applicable legislation.
If a capital expenditure is treated as a revenue expenditure then?
Now, if a capital expenditure is treated as a revenue expenditure, then the expenses would be overstated and also the Fixed assets would be overstated
What would happen if you recorded a capital expenditure as a revenue expenditure?
if you recored revenue expediture as capital expediture your profit will be decrease by that amount
The cost of a new windshield wiper on a delivery truck would be classified as a capital expenditure or revenue expenditure or an infrequent expense?
revenue expenditure
Where would The capital expenditure would appear on?
The capital expenditure would appear on the balance sheet of a company. It is typically listed under the category of "Property, Plant, and Equipment" or "Fixed Assets."
What is the effect on wrong treated capital expenditure as revenue expenditure?
The effects it would has on net profit and net asset is that there would be an increase in net profit and an increase in net asset as well
What is the effect on wrong treated revenue expenditure as capital expenditure?
The effects it would has on net profit and net asset is that there would be an increase in net profit and an increase in net asset as well
Why different sources of finance might be neededrevenue expenditure and capital expenditure?
this is beacuse revenue expenditure is for a short period of time therefore it wouldnt make sense for it to get a long term loan neither would it make sense it capital expenditure which is long term uses a short term method of finance
A firm's purchase of plant and equipment would be considered a?
capital expenditure, as it involves a long-term investment in physical assets that will be used to generate revenue over multiple accounting periods. This type of expenditure is typically recorded as an asset on the balance sheet and depreciated over its useful life.
What would considered phi?
Which of the following would be considered PHI
Would be considered PHI?
Which of the following would be considered PHI
Where capital used in automobile industry?
auto industry is all about heavy capital expenditure. auto industry changes its models every 8-9 months. Hence, major investments are needed in dies, presses, new panels, design, software, etc. These would take up majority of the budget for capital expenditure in an auto company.
What would be considered the capital city of the world?
Only countries have capital cities. The world consists of many countries, all with their own capitals. None of them would be considered the capital of the world.
