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The following are a few selected business transactions for Mok Cun Enterprise business for fiscal year 2020: TRANSACTION IMPROVEMENT OR REPAIR CAPEX/REVENUE EXPENDITURE 1. Repainted
The following are a few selected business transactions for Mok Cun Enterprise business for fiscal year 2020:
| TRANSACTION | IMPROVEMENT OR REPAIR | CAPEX/REVENUE EXPENDITURE | |
| 1. | Repainted the office building | ||
| 2. | The director's and manager's offices are carpeted | ||
| 3. | Overhauled the air-conditioning system which can extend its useful life to 10 years | ||
| 4. | Paid consultation fees to advise on improving the efficiency of the business process | ||
| 5. | Purchased 2 new tyres for the business vehicles |
(a)Determine capital expenditures.
(b)Determine revenue expenditure.
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Internal Audit In Higher Education
Authors: Alison Holmes, Sally Brown
1st Edition
0749433000, 978-0749433000
