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Asked by Sheetal on :Jun. 27, 2018

Please explain the difference between Revenue Exp…

Please explain the difference between Revenue Expenditure and Capital Expenditure?

Please explain the difference between Revenue Expenditure and Capital Expenditure?

0

Chiranjibi Jun. 27, 2018

Expenditures can be classified into two kinds: A) Revenue Expenditure, B) Capital Expenditure

Revenue expenditures are recurring in nature like salary, profit from business, interest income, etc.

Capital expenditures are generally of isolated nature like expenses on account of sale of residential building, personal jewellery, etc.

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