Wat is the diff.between revenue and capital expenditure?
Wat is meant by deffered revenue expenditure?
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Answer Posted / akriti
capital expenditure is the amount spend on assets which
will give long term benfits over number of accounting
periods.
eg. aquisition of plant, purchase of machinery.
revenue expenditure is the amount spend on assets which
will give benefit in the same accounting period.These
expenses are measured in the matching concept.
eg.fee of the yoga classes for the year.
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