What is the difference between current and capital spending? a. Current spending is part of accrual accounting, but capital spending is not. b. Current spending is included as an expenditure and is subtracted from total revenues while capital spending refers to expenditures for durable items that yield services over a long time. c. Current spending refers to expenditures for durable items that yield services over a long time while capital spending is included as an expenditure and is subtracted from total revenues. d. Capital spending is part of accrual accounting, but current spending is not