Answer / h.r. sreepada bhagi

In Accounting the terms Capital & Revenue have a broader
meaning than just Owners Equity & Income.

Nature of the transaction may be Capital or Revenue - i.e.
it may be Capital Expenditure, Capital Receipt, Revenue
Expenditure or Revenue Receipt.

Capital Expenditure - Expenditure on Acquiring or Purchasing
Fixed Assets (Capital items)

Capital Receipt - Money Received on the sale or transfer of
Fixed Assets (Capital items)

Revenue Receipt - Money received in the ordinary course of
business from business operations.

Revenue Expenditure - Money spent in the ordinary course of
business to meet normal running expenses of the business.

Capital - The money invested in a business of profession or
any venture to earn profit by utilising the money for the
intended purpose.

Revenue - Simply Income or Receipt of money in the normal
course of operations.

Answer / md. shah alam

Capital is the owners' equity and revenue is income for the
entity.

Answer / lakshmi

capital expenditure:it is simply the benifit which we are
getting from any asset and which lasts for a longer
period .the benifit from any machinery,computer systems
lasts for a longer time.

revenue expenditure:it burns in every year.items recorded
in p&la/c.

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