How is a current expenditure different from a capitalized expenditure? A current expenditure is included on the balance sheet as a long term tangible asset, while a capitalized expenditure is expensed on the irbome statement There is no difference between a current expenditure and a capitalized expenditure. O Both a current expenditure and a capitalized expenditure are expense items that are included on the income statement A current expenditure is expensed on the income statement, while a capitalized expenditure is included on the balance sheet as a long-term tangible asset