difference between revenue expenditure and capital expenditure with examples
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difference between revenue expenditure and capital expenditure with examples
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Answer:
Capital expenditure is the money spent by a firm to acquire assets or to improve the quality of existing ones. Revenue expenditure is the money spent by business entities to maintain their everyday operations. Capital expenses are incurred for the long-term.
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Nearly 30 years after recording a temperature of minus 93.2 degrees Fahrenheit (minus 69.6 Celsius) in Greenland, the measurement has been verified by the World Meteorological Organization as the coldest recorded temperature in the Northern Hemisphere.