CA Foundation doubt
What is the difference between revenue expenditure and capital expenditure in context of financial accounting
Asked by Student7 Nov 20231629 views
CA Foundation doubt
Asked by Student7 Nov 20231629 views
Sana · 18 Nov 2023
And l need difference between revenue receipt and capital receipt
Student · 7 Nov 2023
Thank you so you made it soo easy
Shravya · 7 Nov 2023
Revenue exp occur frequently in a year example rental exp, repairs,etc CE is the expenditure that will give u some amt of profit by using it example( machinery- by producing goods n selling u get some profit )(building give it to rent u get some amt) so this is capital n revenue in layman's language
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