can anyone tell me in simple what is capital expenditure and revenue expenditure and also capital and revenue receipt??

Question

Answer

I think it's simple to know this by example like... purchase of building... it is capital expenditure.. means it is not purchased again and again....... purchase of raw materials for production it is revenue expenditure.... it is purchased again and again in the accounting year and monthly rent received is a revenue receipt

Answer

thanks a lot

Answer

The account through which surplus or defict of non profit making organization aur find is called  capital and tevenue recept

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