Economy, asked by zuchanomurry, 7 months ago

difference between revenue account and capital account

Answers

Answered by manjirimusale90511
1

Answer:

The assets depreciate and their cost will deduct throughout the life of the asset and not in one go.

Revenue expenses, on the other hand, are relatively current or short-term in nature.

They are expenses the government requires for running the day to day activities.

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