Accountancy, asked by wweamanq2, 2 months ago

Q.8:Capital Expenditure is

Answers

Answered by jubedabegum87355
1

Answer:

Capital expenditure or capital expense is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land.

Explanation:

hope my answer is helpful,have a nice day and take care

Answered by Itzblushingboy
1

Answer:

\small\frak\red{answer}

Capital expenditure or capital expense (capex or CAPEX) is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land. It is considered a capital expenditure when the asset is newly purchased or when money is used towards extending the useful life of an existing asset, such as repairing the roof.

Similar questions