Capital goods are those which are used by the company for production or modification of goods and services and hence earn profit by selling the new or modified product to customers. One of the main features of these is that they are expensive and are purchased for long term use, given below is the list of capital goods –
- Plant and Machinery
- Office Building
- Furniture and fixtures like table, chairs, computers etc…
- Automobiles like trucks, buses and cars for official purpose.
- Tools and accessories for machinery
- Factory shed and parking space
- Water purification plant