CAPITAL EXPENDITURE
&
REVENUE EXPENDITURE
, Learning Outcome
After completing this chapter, you
should be able to :
• Distinguish between capital and
revenue expenditure
• Describe the effect on final
accounts, mainly on net profit, if
revenue expenditure is wrongly
treated as capital expenditure and
vice versa.
&
REVENUE EXPENDITURE
, Learning Outcome
After completing this chapter, you
should be able to :
• Distinguish between capital and
revenue expenditure
• Describe the effect on final
accounts, mainly on net profit, if
revenue expenditure is wrongly
treated as capital expenditure and
vice versa.
