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The Meaning And Importance Of Capital Expenditure

The Meaning And Importance Of Capital Expenditure

Submitted by • June 29, 2019 assignmentresearchwriter.com

Revenue expenditure are expenditures for ordinate repairs, maintain ace, fuel , insurance or other item needed to maintain used building, and plant and equipment. They go to the expense account and reduce the income of period in which they are incurred, because benefits from these expenditures don’t last beyond that period (NARAYANASWAMY, R, 2008).

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