Expenditures are the expenses incurred during the manufacturing, production, installation or establishing new setup. Expenditures in accounting are the updating of asset in the company which in turn increases the operation of the business. Expenditures also includes the repairing of buildings, furniture etc.

Capital Expenditures / Capital Cost

Capital Expenditures: Learning Objectives: Define and explain capital expenditures / Capital Cost Expenditure means the amount spent. Any expenditure incurred for the following purposes is capital expenditure: For acquiring fixed assets such as land, building, plant and machinery, furniture and fitting and motor vehicles.