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Distinquish between savings and financial surplus?
This is the difference between Income and Expenditure in a non-profit making business, where the income exceeds expenditure
What is capital expenditure budget?
Capital Expenditures is referred as amount of money needed to spend on capital items or fixed assets such as land, buildings, roads, equipment, etc. that are projected to generate income in the future. Capital expenditures to be budgeted include replacement, acquisition, or construction of plants and major equipment. Capital Expenditure Budget is plan prepared for individual capital expenditure projects.
Difference between retrun on equity and return on capital employed?
return on capital employed (ROCE) is net income/(debt&equity) whereas return on equity is income/equity (without debt).
What is the difference between earned income and ordinary income?
Earned income refers to money earned through active work, such as wages or salaries. Ordinary income includes all types of income, including earned income, interest, dividends, and capital gains.
What is the difference between revenue income and capital income?
Capital icome is the money invested by the owners or other investors that is used to set up a business or buy additional equipment.when setting up a busniess , capital income might also be used to buy opening stock, but as the business develops, stock should be paid for by sales income (revenu income) Revenue income is the money that comes into the business from performing its day-to-day-function - selling goods or providing a service
What is the difference between income and expenditure incurred?
Inflow of money is income . Outflow of money is expenditure
Explain the difference between capital and revenue items of expenditure and income?
Capital expenditure are those the benefits of which will be taken for more than one fiscal year while for revenue expenditure benefits are only for one fiscal year.
Distinquish between savings and financial surplus?
This is the difference between Income and Expenditure in a non-profit making business, where the income exceeds expenditure
What is net flow?
Net cash flow is the difference between income and expenditure.
What is the net flow?
Net cash flow is the difference between income and expenditure.
What is the net cash flow?
Net cash flow is the difference between income and expenditure.
Difference between receipts and payments account and income and expenditure account?
what is the different between error of transposition and casting
What is between revenue and expenditure?
revenue is income and expenditure is an expense
What is difference between P and L statement and income and expenditure statement?
Income and expenditure account is used by not for profit companies as they are formed for not for profit basis that's why they cannot use profit and loss account.
What is the scopes of economics of education?
Economics of education helps in determining the relationship between educational expenditure and increase in the income or physical capital over a period of time in a country.
Difference between capital income and revenue income?
Capital income is that income which is recevied or generated from sale of capital assets like shares or gold etc. Revenue income is that income which is generated from basic business operating activities.
What is the difference between revenue capital and capital expenditure?
Revenue expense are costs in the for day to day running of the business for example servicing a machine, spare parts etc. Revenue expenditure is normally charged against profit in the Income statement in the year it is expensed. Capital expenditure is on an item that will help generate profits over the longer term (12 months or more) so a purchase of a machine or van etc. The item is depreciated over the items useful life and each depreciateable amount is charged to the Income statement in the year the item has help generate profit.
