--%>

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 : Uncertainty of exchange rate

    Uncertainty of the exchange rate does not essentially means that the firms face exchange risk exposure. Explain this scenario.

  • Q : Transaction and Economic exposure

    Define transaction exposure and explain how it is different from the economic exposure?

  • Q : Ppe Question 3 The following

    Question 3 The following information is taken from the financi al statements of an entity: 20x6 20x5 Property, plant and equipment $4,100,000 $3,600,000 Accumulated depreciation (1,400,000) (1,050,000) Depreciation expense 650,000 Gain on disposal of PPE 35,000 The asset disposed of had

  • Q : Computing the credit rating List some

    List some of the factors does Standard & Poor’s analyzes in computing the credit rating it assigns a sovereign government?

  • Q : Define sales budget Give a short

    Give a short introduction of the term “sales budget”? While preparing the sales budget what are the factors which can be taken?

  • Q : Demerits of implementing Uniform Costing

    Write down the demerits of implementing Uniform Costing?

  • Q : Calculation of NPV Calculation of NPV:

    Calculation of NPV: Calculation of NPV is done through the same method of discounting as described above. However in this case the rate is predefined for  discounting. It is the cost of overall long term resources, whether debt or equity. This co

  • Q : Discrimination to women and minority

    Most of the organizations have established policies to remedy discrimination whenever hiring women and minorities. Discuss whether you feel that affirmative action programs, reverse discrimination, and criteria of comparable worth are suitable forms of remedy. You mus

  • Q : Cause and Solution to international

    Discuss briefly the cause and the solution(s) to international bank crisis including less developed countries.

  • Q : MONEY MEASUREMENT CONCEPT DESCRIBE THE

    DESCRIBE THE ADVANTAGES AND DISADVANTAGES OF MONEY MEASUREMENT CONCEPT