Skip to content
ACCA exam results — Are you ready?Chat about it >>

Ask the Tutor ACCA MA

Capital expenditures

SSneha5y ago
Sir I have the following doubts Sir is maintainence cost considered a revenue expenditure And is repair cost considered also a revenue exoendityre Are both the terms essentially the same thing?? Also what exactly is the difference between a repair and refurnishment Because refurnishment could be making a building look like as if it was in the original state and repair also can mean making broken stuff look like in the original state
John MoffatJohn MoffatTutor5y ago#1
They are effectively the same thing and both are revenue expenditure.
Sign in to reply to this topic.