Question

chandan's father on a bakery from which he earns rupees 600000 as an annual income out of this rupees for lakh is spent on goods and service 100000 rupees to be buy raw material and machinery what is this expenditure called​

Answer 1

Answer:

A revenue expenditure occurs when a company spends money on a short-term benefit (i.e., less than 1 year). Typically, these expenditures are used to fund ongoing operations – which, when they are expensed, are known as operating expenses.

Answer 2

Answer:

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Explanation:

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