what is the capital expenditure ?and give examples
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Capital expenditures are a long-term investment, meaning the assets purchased have a useful life of one year or more. Types of capital expenditures can include purchases of property, equipment, land, computers, furniture, and software.
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Capital expenditure means expenditure which will provide benefit over a long time period.
the examples of capital expenditure are :-
- Expenses incurred on the issue of shares.
- Expenses incurred in the incorporation of a company.
- Overhauling of a second hand machine.
- Expenses incurred in the incorporation of a company.
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