Register now or log in to join your professional community.
(a) Revenue Expense (b) Capital Expense (c) Administrative Expense (d) Operating Expense
Capital Expenditure
Correct option is Captial expenditure
Money spent to acquire or upgrade any physical or tangiable asset is termed as Capital Expenditure as the asset is expected to be utilised in a long run.
Although Physical Assets can be Current Assets but in general Current Assets are not further expensed upon so we can say that its
Capital Expense Option B
Option B Capital Expense