Accountancy, asked by ayushgupta6243, 1 year ago

Payment of office rent is capital expenditure.

Answers

Answered by babushall
0
it is an revenue expenditure because it is paid more than one or two times in the year.
capital expenditure is paid only once example paid for furniture extra..


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Answered by ABMalik
0
An expenditure is a capital expenditure. Of the benefit of the expenditure extends to several trading years.
Expenditure incurred on the acquisition of fixed assests which are related to the business for the purpose of earning profit and not for resale such as land and building, plant and machinery Furniture and fixture good will, patent rights and copyright etc.
eg of capital expenditure is: -
1. Purchase of factory and building.
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