Accounting For beginners Session 2….

Can you remember the concepts of accounting in the previous session!!!
THEN here are some questions from the accounting concepts


√ Name the main accounting concepts??
√ Briefly explain them???
√ Name the simple meaning of the words accounting concept???

Let us move on to the new lesson ….

Capital and revenue expenditure

So what’s capital expenditure?
It can be clearly defined as the expenditure incurred on buying or adding a value for the existing fixed asset.
For example :- Cara buys a Hippie Van for the distributions and promotion , so this is capital expenditure because this involves in buying or adding a value to fixed asset.

What is Revenue expenditure?

Revenue expenditure id the expenditure incurred day to day or running expenses of the business

For example: - Repairs for the Van purchased by Cara…..

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Ceaseless-End

Kaisen in tech,

Leads to quick death,

Sun starts in the morning dawn,

Welcoming the monstrous soda.

People start the day with alarm,

Waving official alarms to diner

Lights go away

Welcoming the normal route

Seconds or minutes after commencement4

None of vital moms

Play their global role

But hand over their infants to unknown gilts

Global warming raises high ahead

Corroding lives to death

Still emotion never stops

Revealing the foolish of the generation

No old long pants or jupes

But rustic mini skirts

Leaving innocence away

So is this development

Less socialness, but socially connected

Not practically but technically

Bodies here

Souls online

“When is the end??”

“Near approached!”