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Wat is the diff.between revenue and capital expenditure?
Wat is meant by deffered revenue expenditure?
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Answer Posted / r. kumar
The outflow of funds to acquired a new assets get the
benefit in business more than one accounting period is
known as capital expenditure.It is an expenditure on assets
which is not written off completely against income in the
accounting period in which it is incurred.
The outflow of funds to meet the running expenses in
business and it will be benefit for current year only is
known as capital expenditure.
The outflow of funds to written off an assets in future
period is known as capital expenditure.
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