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What is the reason that the …

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What is the reason that the capital expenditure is shown in the Balance Sheet?

    • Posted by Nandana Rajesh 6 years, 6 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Nandana Rajesh 6 years, 6 months ago

    Amount spent on acquiring or erection of fixed assets is termed as capital expenditure. Such expenditure is shown in the assets because it yields benefit over a long period of time.

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