Interest paid is capital expenditure or revenue expenditure
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Your capital expenditure sits on your balance sheet and your revenue expenditure goes to your income statement (profit and loss account). Interest payment is a revenue expenditure coz it helps you do your business (it's a payment for the loans your business needs) and it goes to your income statement.
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▶Definition and explanation of capital expenditure..... price paid to the seller , legal charges and broker's commission....Interest on capital during construction period. ✔
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