Accounting for IGCSE & O level - Accounting Procedures (Section 21 - No. 31)

What is the primary difference between revenue and capital expenditures?
Revenue expenditures provide immediate benefits, while capital expenditures provide long-term benefits.
Capital expenditures are for operating the business; revenue expenditures are not.
Revenue expenditures are for major assets; capital expenditures are for routine maintenance.
There is no difference between revenue and capital expenditures.

Explanation

The time frame for the expenditure.

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