Posted on September 24th, 2009 by
kclim in
Fundamental Accounting Principles
Capital expenditure refers to the expenditure made by business entities which result in non-current assets or long-term assets and therefore are recognised and shown on the balance sheet of the business entities and not charged as expense in the income stateme...
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Tagged As: capital expenditure, depreciation of motor vehicle, difference between investment and fixed assets, examples of capital expenditure
Posted on September 24th, 2009 by
kclim in
Fundamental Accounting Principles
When a business entity spends money (or purchase on credit) to acquire goods or services, a decision need to be made as to the purpose and nature of the expenditure. The questions asked include something along these lines:- What did I pay for? Is the thing tha...
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Tagged As: capital expenditure, examples of capital expenditure, examples of revenue expenditure, revenue expenditure
