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What is iiregular expenditure?
Irregular expenditure refers to spending that occurs outside the normal budgetary or financial planning framework. This type of expenditure is often unpredictable and can arise from unforeseen circumstances, emergencies, or one-time expenditures that do not recur. Examples include natural disaster relief costs, unexpected repairs, or unplanned capital investments. Such expenditures can impact financial stability if not managed properly.
Is payment of wages to employees capital or revenue expenditure?
Payment of wages is classified as a normal running cost of a business, so is stated under revenue expenditure. I got really confused with this one aswell. Anything that is paid regularly and is not a fixed asset or any costs associated with a fixed asset, is capital e.g machinery, improvement, legal fees, delivery. Therefore wages is revenue expenditure, hope this helps.
Expenditures capitalized as long-lived assets generally include those expenditures that?
are made for normal repairs to maintain the usefulness of the asset over a number of years
When was Capital Normal University created?
Capital Normal University was created in 1954.
Distinction between Plan and non-Plan expenditure?
Plan expendirture includes the expenditure of government in the productive assets through centrally sponsored scheme and flagship scheme whereas Non-plan expenditure includes expenditure made by the government for routine normal activities of government e.g. expenditure on salaries, pensions, administrative expenses etc.,
A recent report indicated a typical family of four spends 490 per month on food. Assume the distribution of food expenditures for a family of four follows the normal distribution with a standard dev?
To analyze the food expenditures for a typical family of four that spends $490 per month, we can assume that the expenditures are normally distributed. If we know the mean is $490, we would also need the standard deviation to understand the variability in spending. This information allows us to determine the percentage of families that spend above or below this amount, as well as to identify expenditure ranges that fall within certain confidence intervals.
Deferred revenue expenditure?
Deferred expenditure refers to expenses incurred which do not apply to the current accounting period. Instead, they are debited to a 'Deferred expenditure' account in the non-current assets area of your chart of accounts. When they become current, they can then be transferred to the profit and loss account as normal.
What is the normal balance of a additional paid-in capital account?
Additional Paid-in Capital is a normal credit balance account.
What is the difference in appearance from the normal type of the DNA?
Difference in appearance form the normal type of the DNA?
Why is a capital account has credit balance?
The normal balance in a capital account is a credit. Capital is a balance sheet account. Assets = Liabilities + Capital
What is the difference between a micro pet and a normal pet?
the difference between a micro pet and a normal pet is that a micro pet is a really small animal such as a micro pig and a normal animal is a animal just like a normal person normal size normal wight and that is the difference between a normal animal and a micro animal.
Is an increase in Capital Stock a credit in the normal balance of an account?
Yes capital stock has credit balance as a normal balance so increase is also has credit balance.
