Question

capital expenditure and revenue expenditure

Answer 1

Capital expenditures are for fixedassets, which are expected to be productive assets for a long period of time. Revenue expenditures are for costs that are related to specific revenue transactions or operating periods, such as the cost of goods sold or repairs and maintenanceexpense.

Answer 2

Answer:

    CAPITAL EXPENDITURE CAN BE DEFINED AS EXPENDITURE INCURRED ON THE PURCHASE , ALTERSTION OR IMPROVEMENT OF FIXED ASSETS . FOR EXAMPLE,THE PURCHASE OF A CAR TO BE USED TO DELIVER GOODS IS CAPITAL EXPENDITURE

   REVENUE EXPENDITURE IS THE EXPENDITURE INCURRED IN THE RUNNING / MANAGEMENT OF THE BUSINESS . FOR EXAMPLE , THE COST OF PETROL OR DIESEL FOR CARS IS REVENUE EXPENDITURE

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