Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowCapital expenditures are those that are incurred to acquire, upgrade, or maintain physical assets such as property, plants, buildings, technology, or equipment. They are long-term investments that are expected to provide benefits for more than one year. The other three transactions are not capital expenditures. a. During the year ₹3,000 was spent on the repair of various machines is an operating expense, as it is incurred to maintain the machines in working order. c. Cost of annual white-washing of a building is also an operating expense, as it is incurred to maintain the building in good condition. d. Wages paid to workers for converting raw material into finished product is a cost of goods sold, as it is incurred to produce the finished product. Therefore, the only transaction that is a capital expenditure is b. ₹15,000 spent on repairs before using a second-hand car purchased recently. This is because the repairs are incurred to prepare the car for use, and the car is a long-term asset that is expected to provide benefits for more than one year.
Statements:
Some water is liquid.
Some liquid is milk.
No ice is milk.
Conclusions:
I. Some water is milk.
Statements: Some pins are needles.
All needles are ropes.
Some ropes are buckets.
All buckets are trees.
Conclusions:I. some...
In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
Statements:
Only cats are bats.
No cat is pig.
All pigs are dogs.
All pigs are camels.
Conclus...
In the questions given below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if t...
Statements:Some fishes are octopus.
All octopuses are crocodiles.
Some crocodiles are families.
Conclusions:I. some crocodiles are ...
Statements :Some files are folders.
Some folders are envelopes.
Some envelopes are letters.
Conclusions :I. Some letters are folder...
Statements:
Some digit are vowel.
No vowel is letter.
All letter are word.
Conclusions:
I. Some vowel are word.
<...Statements: Some windows are door.
Some door are watch.
Conclusions: I. Some windows a...