Let me know the distinction between Revenue expenditure and capital Expenditure
![]() |
Let me know the distinction between Revenue expenditure and capital Expenditure
A capital Expenditure is where you purchase equipment such as a vehicle, computers, furniture etc. and for buildings, building improvements, etc... that is material in nature, and where you capitalize and spread out your costs over the service life of the asset. A revenue expenditure is for expenses that are inmaterial such as tools, trash cans that you immediately expense your costs.
All times are GMT -7. The time now is 01:24 AM. |