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For the purpose of accounting, there are three types of expenditure.
1) Capital Expenditure
It is the amount incurred
in acquiring long term assets like land, buildings, equipments (which
are used for the purpose of earning revenues). These costs are reflected
in the account of Property, Plant and Equipment.
2) Revenue
Expenditure
It is the cost incurred in one accounting year wherein the benefits
are also enjoyed in the same period only. It does not increase the
earning capacity of the business, instead, it maintains the existing
earning capacity of said business. This expenditure is recurring in
nature like salaries and wages, selling and distribution expenses.
3) Deferred
Revenue Expenditure
It is a revenue Expenditure which has been incurred
within the current accounting year but its benefit will be extended to a
number of years. This cost is charged to the Profit and Loss account.
Example of this is advertising cost.
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Answer:
how to create value for customers ???
Explanation:
The American Marketing Association, the official organization for academic and professional marketers, defines marketing as:
"Marketing is the process of planning and executing the conception,
pricing, promotion and distribution of ideas, goods and services to create
exchanges that satisfy individual and organizational objectives
"
Marking is all about Understanding What Customers Value and how to provide it to them.
<u>Explanation:</u>
The government reduces regulations on tourism activities. Tourism related companies are encouraged to establish their business in a better way by reducing the interest rates for these business. The government also funds tourism related activities such as trade events. funding is also provided for events, concerts, festivals and permanent visitor attractions that can be set.
To develop the international education sector Australian government has kept the education sectors open for business.Global networking is done by government to take international students and provide education facilities.
Answer:
The correct answer is letter "A": true.
Explanation:
Free Trade exists when nations can swap goods and services without the constraints of tariffs, duties, and quotas. Free trade lets nations concentrate on manufacturing their specialties which are typical products other nations cannot male or produce as well.
Answer:
Amount in savings account after 7 and a half years is $8,113.62
Explanation:
Given:
Quarterly payments made in savings account (pmt) = $200
Annual interest rate = 8%
Quarter interest rate (rate) = 8÷4 = 2%
Compounding period (nper) = 7 and a half years or 7.5×4 = 30 quarterly payments
This is an annuity as uniform amount of $200 is deposited every quarter.
Savings at the end of seven and a half years mean future value of annuity.
Future value of annuity can be computed using spreadsheet function =FV(rate, nper,pmt,PV)
Savings account will have $8113.62 at the end of seven and a half years.
