Accountancy, asked by ss12345685, 6 months ago

why expenditure is classified into capital and revenue​

Answers

Answered by saisandeep07
0

Answer:

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Answered by ItsMasterAditya
20

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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.

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