Accountancy, asked by jasleenkaur44, 5 months ago

explain Revenue Expenditures ​

Answers

Answered by kookie05
8

Revenue Expenditure is that part of government expenditure that does not result in the creation of assets. Payment of salaries, wages, pensions, subsidies and interest fall in this category as revenue expenditure examples. Also note that revenue expenses are incurred by the government for its operational needs.

What is Revenue Expenditure?

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Answered by ItzInnocentKudi
11

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Revenue Expenditure is that part of government expenditure that does not result in the creation of assets. Payment of salaries, wages, pensions, subsidies and interest fall in this category as revenue expenditure examples. Also, note that revenue expenses are incurred by the government for its operational needs.

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