what is capital expenditure
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Capital expenditure is the money spent by the government on the development of machinery, equipment, building, health facilities, education, etc. It also includes the expenditure incurred on acquiring fixed assets like land and investment by the government that gives profits or dividend in future.
Types of capital expenditures can include purchases of property, equipment, land, computers, furniture, and software.
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Answer:
Explanation:
Capital expenditure is an expenditure incurred during an accounting period, the
benefits of which will be available for more than one accounting period.
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