Accountancy, asked by ashishtiwari9917, 1 year ago

Repairs to building and machinery is categories under which expenditure

Answers

Answered by SuperstarPiyush
5
 capital expenditures and revenue expenditures. Capital expenditures are for fixed assets, which are expected to be productive assets for a long period of time. ... Capital expenditures are charged to expense gradually via depreciation, and over a long period of time.
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