Accountancy, asked by James17, 1 year ago

What is overhaul expenses

Answers

Answered by zesta
1
Process of restoring and maintaining an equipmentmachine, or system in a serviceable condition. Overhaul involves partial or complete disassembly of the item,  inspection to detect damaged, defective, or worn parts,  repair or replacement of such parts, and  reassembly, testing, and trial-run prior to returning the item to its full operating level.



James17: Is it revenue exp. or capital
Answered by Papa123
0
Process of restoring and maintaining an equipment, machine, or system in a serviceable condition. Overhaul involves partial or complete disassembly of the item, inspection to detect damaged, defective, or worn parts, repair or replacement of such parts, and reassembly, testing, and trial-run prior to returning the item to its full operating level.
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