Classify the given between capital and revenue expenditure

Assignment Help Financial Accounting
Reference no: EM131385649

For the business of Fl. Ward, a food merchant, classify the following between capital and revenue expenditure:

(a) Repairs to meat slicer.

(b) New tyre for van.

(c) Additional shop counter.

(d) Renewing signwriting on shop.

(e) Fitting partitions in shop.

(f) Roof repairs.

(g) Installing thief detection equipment.

(h) Wages of shop assistant.

(i) Carriage on returns outwards.

(j) New cash register.

(k) Repairs to office safe.

(l) Installing extra toilet.

Reference no: EM131385649

Questions Cloud

Organization participated in resource leveling : This organization participated in resource leveling. Resource leveling is created for the purpose of leveling out the resources so that no one is over allocated. In addition resource leveling pushes the schedule to be examined as you notice that p..
Leadership and the new science : In Wheatley's "Leadership And The New Science", how do you explain invisible fields related to shared vision and culture?
How did participating in discussions help your understanding : HLS420- What were the most compelling topics learned in this course? How did participating in discussions help your understanding of the subject matter? What approaches could have yielded additional valuable information?
What is meant by fast tracking : Duration compression can make a difference in keeping your project on track. However, duration compression has some drawbacks depending on which method one uses.
Classify the given between capital and revenue expenditure : For the business of Fl. Ward, a food merchant, classify the following between capital and revenue expenditure:- Repairs to meat slicer.
Vice president of strategic planning : You have just been hired by (your selected company) as its new vice president of strategic planning. The corporation's performance in recent years as well as the changes with business and economic conditions will be a central focus of your new job..
What would you expect a patient with exacerbated copd : What would you expect a patient with exacerbated COPD and pneumonia to look like (visual picture)?What questions are relevant to ask this patient?What are the immediate assessments that are needed for a patient in respiratory distress?What is include..
Estimate time it takes for this relaxation to equilibrium : Consider a dilute solution of ions. An applied electric field creates a net flow of charge. After the field is turned off, the flow dissipates. Estimate the time it takes for this relaxation to equilibrium to occur in terms of the self-diffusion c..
Distinguish between capital and revenue expenditure : Distinguish between capital and revenue expenditure.- The following costs were also incurred by Drake Ltd during the financial year ended 30 June.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd