CAPITAL EXPENDITURE AND REVENUE EXPENDITURE-ALL YOU NEED TO KNOW

DEFINITION OF CAPITAL EXPENDITURE

The amount spent by the company for possessing any long-term capital asset or to enhance the working capacity of any existing capital asset, or to increase its lifespan to generate future cash flows or to decrease the cost of production, is known as Capital expenditure. As a huge amount is spent on it, the expenditure iscapitalizedd, i.e. the amount of expenditure is spread over the remaining useful life of the asset….

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