*Revenue expenditure is:*
1️⃣ Preliminary expenses
2️⃣ Wages of workers
3️⃣ Commission to underwriter
4️⃣ Purchase of investment
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Revenue expenditure meaning can be defined as the summation of all expenses incurred by a business through the course of production of its goods and services. They are considered significant for generating revenue in a given accounting period.
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commission to underwriter
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