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Capital expenditure

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Capital expenditure

  • This topic has 3 replies, 3 voices, and was last updated 10 months ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • April 3, 2022 at 4:26 pm #652642
    sainikmishra4
    Participant
    • Topics: 10
    • Replies: 4
    • ☆

    Is alteration to property capitalized or not ? If yes Why ?
    Also if anything extra that u think may come in exam in case of capital or revenue expenditure to be asked please refer ..

    April 4, 2022 at 12:20 pm #652692
    John Moffat
    Keymaster
    • Topics: 56
    • Replies: 51582
    • ☆☆☆☆☆

    If there is an improvement, then it is capital expenditure.

    If it is repair or redecoration, then it is revenue expenditure.

    April 4, 2022 at 1:03 pm #652701
    richieakins15
    Member
    • Topics: 6
    • Replies: 37
    • ☆

    What is alteration to property sir?

    April 5, 2022 at 8:55 am #652724
    John Moffat
    Keymaster
    • Topics: 56
    • Replies: 51582
    • ☆☆☆☆☆

    Capital expenditure (on the assumption that it is improving it).

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