is the revenue expenditure is more than revenue income what does is says..
Answers
Explanation:
revenue expenditures are those expendetiures are incurred by a business enerprise during a year for performing the various business operations. the benefit of these expentiure is consumed within the year in which they are incurred .
example suppose you are a timber trader then your goods are timber and other wooden products the purchase of the timber is considered/recorded in the purchases A/c and purchases is your revenue expenditure
another example is you give wages to your workers
you give freight ,carriage,electricity expenses
even depreciation is also a revenue expenditure but non cash expenditure
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Answer:
Revenue expenditures are for costs that are related to specific revenue transactions or operating periods, such as the cost of goods sold or repairs and maintenance expense. ... A more questionable difference is that capital expenditures tend to involve larger monetary amounts than revenue expenditures.