Question

define revenue expenditure.​

Answer 1

Answer:

A revenue expenditure is a cost that is charged to expense as soon as the cost is incurred. By doing so, a business is using the matching principle to link the expense incurred to revenues generated in the same reporting period. This yields the most accurate income statement results.

Answer 2

Answer:

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Explanation:

Revenue Expenditure is that part of government expenditure that does not result in the creation of assets. Revenue Expenditure meaning: The Union government's revenue expenditure comprises money spent on revenue account — the amount spent on running its elaborate machinery. Related News.