where i have to put in the balance sheet the account "Development expenditure (capitalised)"?
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where i have to put in the balance sheet the account "Development expenditure (capitalised)"?
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- Demonstrate using your own figures how allotment money will be allocated to a capital account?Define how to record capital expenditure.Explain why it is important to distinguish between capital expenditure and revenue expenditure, and briefly explain the accounting treatment of each type of expenditure.