Question

difference between capital and revenue expenditure

Answer 1

diff b/w capital and revenue expenditure

Answer 2

Answer:

capital expenditure: REVENUE EXPENDITURE

1. .)purchase cost of fixed asset: 1. .)maintenance expenditure of fixed assert

2. .)purchase cost of long term 2. .)insurable interest

investment

3. .)expenditure to increase 3. .)postage and stationary.

earning capacity of the fixed.

assert

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u can write this answer for 3 Mark's if asked in exam