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When is a workover on an oil well considered a capital expenditure?
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What is the differentiate between capital expenditure and recurrent expenditure and what are some examples?
Check out the related link to see the difference between capital expenditure and recurrent expenditure as well as some examples.
Advantages of share capital?
Share capital is cheap source of capital as it requires to be paid in last after payment of all other liabilities as well.
What is prefrence share capital?
Preference share capital is that capital which has preference over any other kind of capital and it has fixed interest rate no matter company earning profit or not as well as first of all this capital is cleared at the event of liquidation.
Why are shares issued at a premium?
Well the company wants to profit. And issuing shares at premium provides capital to the company without changing its equity capital.
Can a CDN corporation apply non capital losses against dividend income?
A CDN corporation can not apply non capital losses against dividend income it can only be used to reduce capital gain. There are rules and regulations that go along with this as well. You can not use capital gain to offset normal income.
What is the differentiate between capital expenditure and recurrent expenditure and what are some examples?
Check out the related link to see the difference between capital expenditure and recurrent expenditure as well as some examples.
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
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 nabors well service current wages for workover rigs?
After 3 month training period, you make $19.50/hr
What happens if revenue expenditure is recorded as a capital expenditure?
If that happens, there will be overstatment of the period's profit as well as overstatement of assets. This will reduce the future profit of business because the original costs of assets will be charged more to the Profit and Loss account in process of depreciation of assets.
What is the main expenditure of one attending university?
The main expenditure of attending university would be university tuition and books. University tuition is quite expensive, as well as books and housing.
Does the paid-up capital include preference capital or only equity capital?
Paid in capital includes the preference share capital as well as common share capital as well.
Which city is known as the music capital of Australia?
Sydney... it has the Sydney Opera House and that city is well known for it's music.
What is a derrick hand in an oil field?
Derrick Hand is the title of the person who works in the derrick of a workover oil rig. Workover oil rigs are usually portable, and they fix oil well problems like broken pipes, pump rods, and pumps. They pull thousands of feet of steel rod and/or tubing out of oil well pipes, sometimes miles. The derrick is the basket near the top of the rig (maybe 60 feet up), where the derrick hand attaches/detaches pump rod and tubing and leans or hangs it in sections so it can be replaced when finished. It is a very physically difficult job and pays very very well with little or no experience.
Is transformer 220v considered as fixed asset?
If it's a small one used for things like laptops then it would just classified as office expenditure and not a fixed asset. If however it is a large transformer with high value then it may well be.
What are the Steps involved in the preparation of receipts and payments accounts from income and expenditure accountgive examples?
Ignore the opening and closing cash and bank balances on the receipts and payments account. Eliminate all items of capital receipts and payments. Figure out the income of the year by deducting the total income received and adding the income accrued. Find the expenditure of the relevant period as well. When the account is balanced, it will show the surplus or deficit of the account.
Does war need to be capital?
Since Star Wars is a published movie, and a well known name, it should be considered as a noun. So yes, yes it should be
