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________ the amount which is incurred in acquiring or improving the value of fixed assets
- a)Capital expenditure
- b)Capital receipt
- c)Revenue receipt
- d)Revenue Expenditure
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
________ the amount which is incurred inacquiring or improvingthe valu...
An expenditure which results in the acquisition of permanent asset which is intended to be permanently used in the business for the purpose of earning revenue is capital expenditure.
It is the money spent by a business organization on acquiring or maintaining fixed assets such as land, building and equipment.
Most Upvoted Answer
________ the amount which is incurred inacquiring or improvingthe valu...
Capital expenditure is the expenditure incurred to acquire fixed assets, capital ... assets in proper state of efficiency which do not increase their value or profit earning capacity
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________ the amount which is incurred inacquiring or improvingthe valu...
Correct answer is A because as we know capital expenditure refers to that expenditure which are occurred only one or two times in a accounting period and a business acquire assets only 2-3 times not much so.......
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________ the amount which is incurred inacquiring or improvingthe value offixed assetsa)Capital expenditureb)Capital receiptc)Revenue receiptd)Revenue ExpenditureCorrect answer is option 'A'. Can you explain this answer?
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