Capital expenditures are the expenditures incurred for the:
A) Short term advantage of the business.
B) Long term advantage of the business.
C) No advantage
D) Advantage after closure of business
Correct Answer:
Verified
Q58: Depreciation of fixed assets is an example
Q59: Income is the output of excess or
Q60: The term 'Business Income' includes:
A)Unrealised Net Income
B)Realised
Q61: The concept of conservatism ensures that the
Q62: In accounting revenue is generally treated to
Q64: The principle of recognizing revenue proportionately on
Q65: The process of recording financial data up
Q66: Which accounting concept specifies the practice of
Q67: An asset was purchased for Rs.1000000 with
Q68: In which of the following cases, accounting
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents