Accountancy, asked by deepshub193, 2 days ago

expenses incurred to overhaul machine is non recurring expenses? ​​

Answers

Answered by 1ncreo
0

Answer:

No they don't. Machinery can get damaged even after some time of getting it repaired and are prone to getting overhauled for checks frequently.

Explanation:

Non recurring expenses are defined as the expenses which are not likely to happen again in the near future. They include research and development costs, law suit payments, etc.

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