Your friend Randolph has been reading about the collapse of Enron in the USA,and has asked about the meaning of the terms 'capital expenditure' and 'revenue expenditure'.
Explain how capital expenditure and revenue expenditure are different,and why it is important to differentiate between them,particularly in regard to their effect on financial statements.

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The Answer of Your friend Randolph has been reading about the collapse of Enron in the USA,and has asked about the meaning of the terms 'capital expenditure' and 'revenue expenditure'.
Explain how capital expenditure and revenue expenditure are different,and why it is important to differentiate between them,particularly in regard to their effect on financial statements.

Your Friend Randolph Has Been Reading About the Collapse of Enron