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Is capital improvement an operating expense?
no
Is a subscription a capital expense?
No, a subscription is considered an operating expense rather than a capital expense. Operating expenses are incurred in the day-to-day operations of a business, while capital expenses are investments in long-term assets like equipment or property.
Is a major expense a capital improvement?
Capital Improvement is not an expense. Expenses are associated with expenses. Capital Improvements are increase in the assets. Example adding a new road. this is a very good question and it is also dumb
Why would you receive an expense check from Capital One na?
No dea
A sole proprietor has incurred as expense out of his personal accont - what will be the journal entry?
The expense account will be debited and capital will be credited by the same ammount
Is interest expense a Direct Cost?
Interest expense is not a direct cost because it is not used to manufacture the products rather it is paid to acquire the capital.
Is the expense incurred in acquiring patent rights a revenue expenditure?
capital expenditure.
How are long term capital expenditures budgeted in a quarterly budgeting process?
Here is useful information from Answers.com: In terms of accounting, an expense is considered to be a capital expenditure when the asset is a newly purchased capital asset or an investment that improves the useful life of an existing capital asset. If an expense is a capital expenditure, it needs to be capitalized; this requires the company to spread the cost of the expenditure over the useful life of the asset. If, however, the expense is one that maintains the asset at its current condition, the cost is deducted fully in the year of the expense. In your case, budget the allocated cost disbursement over a three-month period (for a quarterly budget).
What are head of accounts?
There are Five heads of Accounts: Asset, Expense, Liability, Capital, Revenue.
What is stock journal voucher?
In this voucher a user calculate only adjustment entry transaction are made like- outstanding expense,prepaid expense, interest on capital,etc .
Is taking a tree down that is ready to fall on the building a capital improvement?
No. That is simply a maintenance expense.
Wages belong to which expenses?
Wages Payable, or Payroll Liabilities. Also, classifies as Capital Expense.
