Which of the following is not a capital expenditure?

Question

Quizplus · Accepted Answer

Repairs that maintain an asset in operating condition are considered a revenue expenditure, not a capital expenditure, as they do not enhance the asset's value or extend its useful life. Capital expenditures are typically larger, one-time expenses that improve or add to the asset's value and have a longer useful life. Examples include adding a new wing to a building, upgrading equipment to improve efficiency, or replacing a roof.

Which of the Following Is Not a Capital Expenditure