Slide I Capital Expenditures and Revenue Expenditures Capital Revenue Expenditure Expenditure Any material expenditure Expenditures for ordinary that will benefit several repairs and maintenance accounting periods. To capitalize an To expense an expenditure means to charge expenditure means to charge it to an asset account it to an expense account Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc, 1999?The McGraw-Hill Companies, Inc., 1999 Slide 9-14 Irwin/McGraw-Hill Capital Expenditures and Revenue Expenditures To capitalize an expenditure means to charge it to an asset account. Any material expenditure that will benefit several accounting periods. Capital Expenditure To expense an expenditure means to charge it to an expense account. Expenditures for ordinary repairs and maintenance. Revenue Expenditure