This refers to the money used by an organization or corporate entity to maintain, improve, or buy its fixed assets, which may include vehicles, buildings, equipment, and land. Capital expense is used to create a benefit in the future.
Capital Expenses
This refers to the money used by an organization or corporate entity to maintain, improve, or buy its fixed assets, which may include vehicles, buildings, equipment, and land. Capital expense is used to create a benefit in the future.