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Chetna Gupta
Chetna Gupta answered 10/7/2013
What is the distinction between Capital and Revenue Expenditure?

capital expenditure means expenditure which leads to creation of assets. It also includes expenditure on payment of liabilities.

Revenue Expenditure means expenditure on day to day basis.

It include expenditure which is required to run operations on daily basis.

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Chetna Gupta
Chetna Gupta answered 10/7/2013
The income statement's net income or (net loss) is also shown on what?

it is also shown in position statement ( balance sheet).

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Chetna Gupta
Chetna Gupta answered 10/7/2013
What are the characteristics of a good questionnaire?

It should be:

- simple in language.

-concise.

It should include personal questions but still if it is asked then privacy should be maintained.


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Chetna Gupta
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