Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

The unexpired portion of capital expenditure is shown as:

a)  Asset

b)  Liability

c)  Expense

d)  Income

Accounting Auditing Cost Accounting Finance
user-image
Question added by Shamseer KM , HR Payroll Officer , Al Darwish Engineering W.L.L.
Date Posted: 2016/03/10
Upvote (0) Views (2) Followers (3) Answers (3) Report Question
Write an Answer
Register now or log in to answer.
Santosh Kumar Arukh
by Santosh Kumar Arukh , AGM- FINANCE & TAXATION , JFE ENGIEERING CORPORATION

The unexpired capital expenditure is one kind of Current Asset which is transferred every year to revenue expenditure over  period according to use/ life period of capital expenditure.

Hence, it is shown on Asset side of the Balance sheet & Ans is (a)

 

 

Tabasum Farooq

On Asset side of balance sheet.

Dasarathi Rath
by Dasarathi Rath , Sr. Accountant , Al Luban Special Investment LLC

The unexpired portion of capital expenditures shown as (a) Asset.

Write Your Answer
More Questions Like This