How to determine whether a particular expenditure is capital or revenue?
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CAPITAL IS ALWAYS MORE THAN THE REVENUE
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capital expenditure this our expenses that are commonly incurred before using asset for the first time or , they may be explains that are incurred after a long time . examples expense incurred after you purchase a vehicle reconvention of your house after thirty five years repair of a generator after you purchase it but was in the way before it would reach to you .
REVENUE expenditure : it is opposite of capital expenditure this r day to day expense that are up short time acquiring and common examples salaries to staff paying utility bills school fee lunch bill etc
i hope its help you
mark brainliest
REVENUE expenditure : it is opposite of capital expenditure this r day to day expense that are up short time acquiring and common examples salaries to staff paying utility bills school fee lunch bill etc
i hope its help you
mark brainliest
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