what is capital revenue
Answers
Answered by
0
Hello friend....
Here's ur answer....
♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟
Capital expenditures are for fixed assets, which are expected to be productive assets for a long period of time. Revenue expenditures are for costs that are related to specific revenue transactions or operating periods, such as the cost of goods sold or repairs and maintenance expense.
♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟♟
Hope it helped u.....☺️☺️
Answered by
1
A capital expenditure is assumed to be consumed over the useful life of the related fixed asset.
Similar questions
Hindi,
7 months ago
Science,
7 months ago
English,
7 months ago
Accountancy,
1 year ago
Social Sciences,
1 year ago