Need to Know Capital Expenditure

Capital expenditure refers to funds many more, that are to acquire or upgrade physical assets such as industrial buildings, property, or equipment. It is a long-term investment that is expected to generate future benefits, in contrast to operating expenses that are incurred in the day-to-day running of a business. CAPEX is typically recorded as an asset on the balance sheet, rather than being expensed in the income statement. Considering the amount you spend in your company throughout the year, you […]