Question

expenditure that does not result in creation of assets but simply affects the money balances of the government are known as
capital expenditure
revenue expenditure
public debt
none​

Answer 1

Answer:

Capital expenditure refers to the expenditure which either creates an asset or reduces the liability of the government.

Explanation:

purchase and sale of machinery is not a day to day activity unless it is a business in machinery dealing and hence, it is not a revenue expenditure.

Answer 2

Capital expenditure

Capital expenditures refer to reserves that are utilized by an organization for the buy, improvement, or upkeep of long period resources for work on the proficiency or limit of the organization. Long haul resources are normally physical, fixed, and non-consumable resources like property, hardware, or framework, and that have a valuable existence of more than one bookkeeping period. Capital expenditure ordinarily substantially affects the present moment and long haul monetary remaining of an association.