Expenditures are the expenses incurred during the manufacturing, production, installation or establishing new setup. Expenditures in accounting are the updating of asset in the company which in turn increases the operation of the business. Expenditures also includes the repairing of buildings, furniture etc.
What is Capital Expenditure ? Capital expenditure can be defined as the amount of money or the amount of expense that a company uses to purchase, upgrade, improve or extend the life and the performance of its long term assets. Capital expenditure is usually
Capital Expenditures: Learning Objectives: Define and explain capital expenditures / Capital Cost Expenditure means the amount spent. Any expenditure incurred for the following purposes is capital expenditure: For acquiring fixed assets such as land, building, plant and machinery, furniture and fitting and motor vehicles.