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Capital expenditure

SMSalman mishra4y ago
Is alteration to property capitalized or not ? If yes Why ? Also if anything extra that u think may come in exam in case of capital or revenue expenditure to be asked please refer ..
John MoffatJohn MoffatTutor4y ago#1
If there is an improvement, then it is capital expenditure. If it is repair or redecoration, then it is revenue expenditure.
RRichard4y ago#2
What is alteration to property sir?
John MoffatJohn MoffatTutor4y ago#3
Capital expenditure (on the assumption that it is improving it).
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