Home
Class 11
ACCOUNTS
What is the reason that the capital expe...

What is the reason that the capital expenditure is shows in the Balance Sheet?

Text Solution

Verified by Experts

Amount spent on acquiring or erection of fixed assets is termed as capital expenditure . Such expenditure is shown in the assets because it yields benefit over a long period of time.
Promotional Banner

Topper's Solved these Questions

  • BASIC ACCOUNTING TERMS

    DK GOEL|Exercise OBJECTIVE TYPE QUESTIONS (Choose the best Alternate)|17 Videos
  • BANK RECONCILIATIONS STATEMENTS

    DK GOEL|Exercise HIGHER ORDER THINKING SKILLS (HOTS) QUESTIONS|5 Videos
  • BOOKS OF ORIGINAL ENTRY - SPECIAL PURPOSE SUBSIDIARY BOOKS

    DK GOEL|Exercise ADDITIONAL QUESTIONS|6 Videos