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Sources of Finances - Coggle Diagram
Sources of Finances
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EXPENDITURE
The way you are gonna use your money for your business can be for two possible purposes they can be either capital expenditure or revenue expenditure .
CAPITAL EXPENDIRTURE: Capital expenditure means we are going to use your money to acquire long term items known as fixed assets and it means you're using your money to buy machinery land buildings vehicles or equipment
REVENUE EXPENDITURE: Revenue expenditure means when you use your money to pay for day to day or month to month operational expenses like rent salaries raw materials
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