Is the Following Revenue Expenditure Or Capital Expenditure in the Context of Government Budget? Give Reason. Expenditure on Purchasing Computers - Economics
Is the following revenue expenditure or capital expenditure in the context of government budget? Give reason.
Expenditure on purchasing computers
Expenditure on purchasing computers is capital expenditure. This expenditure has a decline in government liabilities and creates assets for the government. For example, purchase of shares and bonds.
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