A capital expenditure would appear on the:
A)income statement under operating expenses.
B)balance sheet under fixed assets.
C)balance sheet under investments.
D)income statement under other expenses.

Question

Quizplus · Accepted Answer

Capital expenditure refers to the amount spent on acquiring or improving a long-term asset. Fixed assets represent long-term assets that cannot be easily converted to cash and are typically valued at historical cost. Therefore, capital expenditures would appear on the balance sheet under fixed assets.

A Capital Expenditure Would Appear on The