Expenditures considered for purpose of accounting
Write down the different kinds of expenditures considered for purpose of accounting?
Expert
i) Capital Expenditure is an amount acquired for acquiring the long term assets like land, equipments, building that are continually employed for the reason of earning revenue. Such are not intended for sale. Such costs are recorded in account that is Property, Plant, and Equipment. Profits from this expenditure are spread on numerous accounting years. ii) Revenue Expenditure is the expenditure acquired in one accounting year and profits from that is also having in the same period only. This expenditure doesn’t enlarge the earning capability of the business however maintains the existing earning capability of the business. It involved all the expenditures that are acquired throughout day to day running of business. The profits of this expense are for short period and are not forwarded to the subsequently year. This expense is on frequent nature. iii) Deferred Revenue Expenditure is a revenue expense that has been acquired throughout an accounting year however the profit of that might be extended to a numeral of years. And these are rated to profit and loss account.
Write down a Distinguish between Library and List?
Explain Dual-licensing in the eZ Publish.
Write down the Generic Framework Activities in brief?
Illustrate the meaning of Multi processing OS?
Give a brief explanation of Signal.
Explain the IT benefits of the SOA.
What is the system call accessible to alter the personality?
Write down the methodologies which are used to prepare functional requirements.
Explain the term” distributed mutual exclusion”?
Briefly describe about EventLog class.
18,76,764
1932232 Asked
3,689
Active Tutors
1454121
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!