Capital Expenditure

Capital Expenditure

What is Capital Expenditure?Capital expenditure or CapEx is the expenditure incurred by the Company to acquire or upgrade or maintain tangible assets like plants… Read Article
Monetary Assets

Monetary Assets

Monetary Assets consist of those assets that have a value to pay or receive in a fixed number of units of currency. However, before… Read Article
Revaluation of Fixed Assets

Revaluation of Fixed Assets

Meaning of Revaluation of Fixed AssetsRevaluation of fixed assets is undertaken to determine the current value of the assets owned by the organization. The… Read Article
Fixed Asset Accounting

Fixed Asset Accounting

What are Fixed Assets?Fixed assets are tangible assets purchased for the supply of services or goods, use in the process of production, letting out… Read Article
Accounting Equations

Fundamental Accounting Equation

What is the Fundamental Accounting Equation?The fundamental accounting equation seeks to explain the relationship between the assets constituting a business and the funds that… Read Article