which of the following is not capital expenditure
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Capital expenditure (CapEx) is a payment for goods or services recorded—or capitalized—on the balance sheet instead of expensed on the income statement. CapEx spending is important for companies to maintain existing property and equipment, and invest in new technology and other assets for growth.
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Capital expenditures are long-term investments,
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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