Accountancy, asked by vishalbhattacharjee5, 1 month ago

Capital expenditure provides _ benefit .​

Answers

Answered by anithakrishna1975
1

Answer:

Capital expenditures can fund repairs or modifications to existing equipment as long as the changes provide a long-term benefit. In particular, capital expenditures on existing equipment are limited to those that improve a piece of equipment or extend its useful life, according to the Internal Revenue Service.

Answered by pcp070904
1

Answer:

it means

making capital expenditure on fixed assets can include repairing a roof, purchasing a piece of equipment , or building a new factory.

i hope you understand.

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