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Treatment of capital expenditure as revenue expenditure

7593 views 3 replies

Hi,

Could you plz clarify the following issue??

Is there any instace of treating of capital expenditure as Revenue expenditure???

Replies (3)

Capital Expenditure is different from Revenu expenditure, and can not convert it from Capital Exp. to Revenu Exp. and vice versa .................

capital expenditure( purchase of assets) when the amount is less than 5000/- is taken to direct debit from P/L in place of adding it to fixed assets and charging depriciation over it.

Capital Expenditure & Revenue expenditure both are differnt from Each Other, Which u can find it Fundamental of Financial Accounting.


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