Which of the following items is classified as capital exp...
Which of the following items is classified as capital expenditure in public sector accounting?
Training and conference cost
Construction works's cost
Wages and salaries
Financial charges
Correct answer is B
Capital expenditure are expenditure incurred on long term project. They usually add to the value of the assets. They are normally paid from development fund.
Which of the following is found in the private ledger? ...
A method of charging depreciation at a fixed percentage of the net book value is ...
Which of the following is an item of prime cost? ...
The books of accounts are opened by means of a ...
Which of the following is not part of the central processing unit of a computer? ...
Given: Total cash received from debtors 30,000 Total purchases for the period 21,000 Amount owe...
Shares issued to a vendor in payment of business purchased would require a debit to ...