Capital and Revenue Payments

Capital payment is a quantity remunerated on account of a number of capital expenses and a revenue expense is a quantity truly remunerated on account of a number of revenue expenses. Expenses are the full quantities bring upon you whether remunerated or not, at the same time as expenditure refer to the quantity truly remunerated.

Capital and Revenue Items

Capital and Revenue Items and goods Learning Objectives: Define explain and give examples capital and revenue expenditures, receipts, payments, profits and losses. What is the difference between capital and revenue expenditures? What are the exceptions to the general rule of capital and revenue expenditures?