Question

Difference between revenue income and revenue expenditure

Answer 1

Revenue income(capital expenditure) are for fixed assets, which are expected to be productive assets for a long period of time.

Revenue expenditure are for costs that are related to specific revenue transactions or operating periods, such as the costs of goods sold or repairs and maintenance expense.

Answer 2

$\underline\mathtt \orange{Answer}$

Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Income or net income is a company's total earnings or profit. Both revenue and net income are useful in determining the financial strength of a company, but they are not interchangeable.