1.

What are the features of Capital Expenditure?

Answer»

1. It gives benefits for more than one accounting period.

2. It includes acquisition of fixed assets and all expenditure incurred upto the point an asset is ready for use. 

3. It contributes to the revenue earning capacity of the business. 

4. It is non-recurring in nature. 

5. It is shown on the assets side of the balance sheet.



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