What do you mean by capital and revenue expenditure? Give three examples of each. State with reasons whether the following items should be classified as” Capital or Revenue" expenditure: a) Repair of machinery for keeping it in working condition. Brokerage and stamp duty on purchase of building. Interest paid on loan during construction of a plant. Amount incurred for providing uniform to staff. Annual fee paid for renewal of patents. Loss arising from sale of fixed assets. Book value of assets discarded or totally damaged or destroyed by fire. h) Cost of goodwill. i) Old furniture was repaired at a cost of Rs.9,000. Actual additions and extension to existing plant. EN DROOM j)
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Capital expenditures (CAPEX) are funds used by a company to acquire, upgrade, and maintain physical assets such as equipment. ... Revenue expenditures are the ongoing operating expenses, which are short-term expenses used to run the daily business operations.
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Capital expenditures (CAPEX) are funds used by a company to acquire, upgrade, and maintain physical assets such as equipment. ... Revenue expenditures are the ongoing operating expenses, which are short-term expenses used to run the daily business operations.
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