Question { 4765 }

what is capital revenue and capital expenditure?

Answer

capital revenue:all expenses incurred for running the
business for the current year is known as capital revenue
ex:salaries,rent,interest etc

capital expenditure:the amount spent for purchases of fixed
assets which have long life and which are useful for the
long term benifits of the business isknown as capital
expenditure
ex:land,buildings,machinery,furniture