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What is the difference between Capital expenditure and
Revenue expenditure?
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Answer Posted / nani
Business expenditure can be classified in to capital
expenditure and Revenue expenditure.
An amount which spends on Long-term assets is called as
capital expenditure.
Plan, Machinery, Buildings are the examples for Long-term
assets
An amount which spends on goods and services is called as
Revenue expenditure
Wages, rent are the examples
| Is This Answer Correct ? | 8 Yes | 0 No |
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