Accountancy, asked by rajeshbirajdar340, 5 months ago

Both capitalised receipts and capital expenditure are shown in the.........​

Answers

Answered by evelynbejoy2020
2

Explanation:

Capital expenditure is shown in the Balance Sheet, in asset side, and in the Income Statement (depreciation), but Revenue Expenditure is shown only in the Income Statement. Capital Expenditure is capitalized as opposed to Revenue Expenditure, which is not capitalized. Capital Expenditure is a long term expenditure.

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