Accountancy, asked by anushamidatana5473, 10 months ago

What was the amount spent to purchase long lived assets (capital expenditure)?


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Answers

Answered by crazy789wadhwani777
0

Expenditure basically means spending or exchanging your money for purchase or renting of goods and services.

Expenditure can be classify in two parts

Cash expenses

Non cash expenses

Cash expenses are those where money is paid in return for goods and services.

Whereas Non cash expenses are those where there is no outflow of money but you still treat them as expenditure Depreciation,amortisation ,writing off of any asset etc. are some of the examples of non cash expenses.

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