--%>

What are equipment expenses

What is equipment expense or what are equipment expenses?

E

Expert

Verified

The main expense of equipment is of purchasing of equipment. This is capital expenses since we purchase equipment for using objectives more than one year rather than trading purposes. Some time, we acquire equipment on rent or rental basis, at that it is as well our equipment expense. However it will be little hard for us whether we must show it in balance sheet as capital expenditure or display it in income statement as operating expenses.

   Related Questions in Financial Accounting

  • Q : Swap broker and swap dealer State the

    State the difference between the swap broker and the swap dealer.

  • Q : Article on Supplier selection Write an

    Write an article why Supplier selection has been a critical decision to be made for any company?

  • Q : Calculation of weighted average cost of

    Calculation of weighted average cost of capital: Under this following steps are undertaken: 1. Record amount in respect of various long term resources of firm. 2. Add up the amo

  • Q : Non-tradable asset Assume there is

    Assume there is non-tradable asset along with the perfect positive correlation with a portfolio T of the tradable assets.  How will non-tradable asset be priced?

  • Q : Creative thinking & Problem solving

    General Instructions: In composing your responses to all tasks, please use full sentences and pay careful attention to spelling, grammar, punctuation, and clarity of expression. Both the content of your work and its present

  • Q : Merits of Budgetary Control Write down

    Write down the merits of Budgetary Control?

  • Q : A technically oriented software design

    Design: For this assignment you are to produce, one per group, a technically oriented software  design document. As the scope of the project is quite small and basically encompasses an extension to an existing

  • Q : Balance sheet A listing of the

        A listing of the liabilities, assets, and equity of an entity at a point in time, the end of a month, or quarter, or year. It is one of the four financial statements required in a full financial report. The balance sheet gives the reader what the entity owns (assets)

  • Q : NPV capital budgeting framework Specify

    Specify intuition behind NPV capital budgeting framework?

  • Q : Foreign commerce trade State three

    State three basic documents which are essential in order to conduct the typical foreign commerce trade?  Discuss briefly the purpose of each.