A Capital Expenditure Results in a Debit to

Which of the following below is an example of a capital expenditure. A liability account D.

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Which of the following items would be considered a revenue expenditure.

. Capital expenditures usually take two forms. An expenditure for which of the following items would be considered a revenue expenditure. The correct answer is option c asset account.

For example if you acquire a 25000 asset and expect it to have a useful life of five years then charge 5000 to. Replacing an engine in a company car. Capital Expenditure may include the following.

Cleaning the carpet in the front room b. Purchase costs less any discount received Delivery costs. Expenditure An expenditure represents a payment with either cash or credit to purchase goods or services.

A company purchases land and a building on the land. A capital expenditure results in a debit to an asset account. It is classified as a fixed asset which is then charged to expense over the useful life of the asset using depreciation.

Please note that the resources spent on. QUESTION 1 A capital expenditure results in a debit to a a liability account b an asset account C. Answer of A capital expenditure results in a debit to.

Capital expenditure CapEx is a payment for goods or services recordedor capitalizedon the balance sheet instead of expensed on the income statement. An expense account b. Capital expenditure is a Increase or acquisition of Assets to business or increased earnings in business is called capital expenditure Differentiate between capital.

A capital expenditure results in a debit to. An expense account d. A capital expenditure results in a debit to a.

A capital expenditure results in a debit to an asset account. Which of the following below is an example of a capital expenditure. In accounting and bookkeeping an asset account is a general ledger record for sorting the debit and credit amounts of any companys transactions.

A capital expenditure CapEx for short is the payment with either cash or credit to purchase long term physical or fixed assets used in a businesss operations. Which of the following statements is not descriptive of common. A capital account c.

A capital expenditure results in a debit to will be option A - an asset account. Tune-up for a company truck. A liability account d.

One of the most common depreciation methods used in GAAP is the straight line method. A capital expenditure results in a debit to a. A capital expenditure results in a debit to an A.

Capital Expenditure Accounting for Depreciation. A capital expenditure results in a debit to A. An asset account ANS.

Upload your study docs or become a. B An expense account. A capital expenditure results in a debit to a n asset account.

Capital expenditures are not expensed out in profit ans loss account when incurred. See full answer below. A capital expenditure results in a debit to an expense account capital account liability account asset account.

The land is appraised at 80000 and the building at 320000. Accumulated Depreciation is used to show the amount of cost expiration of intangibles is the same as Depreciation Expense is a contra asset account. Such assets include things like property equipment and infrastructure.

An expense account b. A capital account C. An expense account B.

A capital expenditure results in a debit to an a. If the Land account is debited for 104000 then the total purchase price for the land and building must have been. And it is written in a balance sheet.

A capital account c. A An asset account. Under capital expenditure accounting the company records expense for capital expenditures by identifying the life of the asset and the asset salvage value and assigning depreciation expense each year.

All of the following below are needed for the calculation of straight-line depreciation except. As capital expenditure results in increase in the fixed asset. Is a contra asset account.

A capital expenditure results in a debit to. An expenditure is recorded at a single point in time. CapEx spending is important for.

A capital account QUESTION 2 Computer equipment that was acquired at the beginning of the year at a cost of 57000 has an estimated residual value of 9000 and an estimated useful life of 5 years. Capital expenditure is the money used to buy improve or extend the life of fixed assets in an organization and with a useful life for one year or more. These are costs whose benifits.

A capital expenditure is recorded as an asset rather than charging it immediately to expense. Acquisition expenditures and expansion expenditures. A liability account d.

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