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In construction company purchase of cow is an asset or indirect exp?
in contruction company purchase of cow is an asset or indirect expenditure
Is goodwill a tangible asset?
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
Is goodwill tangible asset?
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
What is the meaning of fictitious asset?
fictitious asset for exampal like this (miscellanous expenditure)
What is capital expenditure?
It is an expenditure in order to upgread or capitalize the fixed asset .this can be expressed either by extending the future expected life or by capitalizing the fixed asset cost.
Can expenditure incurred for defence of title of a capital asset be treated as capital expenditure?
Introduction expenditures
What does a capital expenditure results in a debit to?
asset account
Why is miscellaneous expenditure regarded as asset in the balance sheet?
a
Is salary a capital expenditure?
No. No capital asset results from it.
Is the cost of a building a fixed asset?
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 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
