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What is meant by revenue expenditure?
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What is meant by revenue expenditure?
Revenue expenditure definition. An amount that is expensed immediately. For example, routine repair costs on equipment are revenue expenditures because they are charged directly to an income statement account such as Repairs and Maintenance Expense.
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What is meant by revenue expenditure?
A revenue expenditure is an amount that is expensed immediately—thereby being matched with revenues of the current accounting period. Routine repairs are revenue expenditures because they are charged directly to an account such as Repairs and Maintenance Expense.
Community Answer
What is meant by revenue expenditure?
Revenue expenditure are those expenditures that do not create asset and do not reduce any liability .example : subsidies
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What is meant by revenue expenditure?
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What is meant by revenue expenditure? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is meant by revenue expenditure? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is meant by revenue expenditure?.
What is meant by revenue expenditure? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is meant by revenue expenditure? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is meant by revenue expenditure?.
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