Question
Indicate whether each would be treated as Capital expenditure or Revenue Expenditure?
Costs
related to acquiring an asset, such as import taxes, transportation.
Costs incurred Prior to using the asset, such as installation
Cost incurred after putting the asset into service
Cost incurred after putting the asset into service which extend its usefull life
Business
Indicate whether each would be treated as Capital expenditure or Revenue Expenditure?Costs