Revenue Expenditure Refers To

Revenue expenditure revenue expenditure refers to the expenditure which neither creates any asset nor causes reduction in any liability of the government.

Revenue expenditure refers to. In the production of goods and services and its sale which facilitates revenue generation of the company. The data refers to the number of tv operators. Revenue expenditure also known as operating expenses or opex refers to the expenditure incurred in the course of the day to day business activities i e. This 3 000 is a revenue expenditure since it will be reported on the monthly income statement thereby being matched with the month s.

These are recurring in nature and are allocated to the profit and loss account of the same year. Public expenditure can define in this way. The business expenditures are of two types capital expenditures revenue expenditures capital expenditures definition and explanation of capital expenditures. Introduction to revenue expenditure.

Revenue expenditure refers to payments made or incurred during the normal course of the business the benefits of which are usually received within the same accounting year. Capital expenditure may include the following expenditures expenditure incurred on the acquisition of fixed assets tangible. Revenue expenditure refers to those expenditures which are incurred during normal business operation by the company benefit of which will be received in the same period and the example of which includes rent expenses utility expenses salary expenses insurance expenses commission expenses manufacturing expenses legal expenses postage and printing expenses. Unlike capital expenditures these are not carried forward to future years.

Public expenditure refers to government expenditure ie government expenditure. Public revenue and public expenditure we will first study public expenditure. Example of revenue expenditure. An expenditure is a capital expenditure if the benefit of the expenditure extends to several trading years.

It is recurring in nature. Classification system classification by origin of the tv programmes. This is done by the central state and local governments of any country. Meaning of revenue expenditure.

The new machine requires routine maintenance of 3 000 each month. Payment of salaries pensions interests expenditure on administrative spends defence services health services grants to state etc. In the survey are included indicators for the broadcasted programmes by origin and function in hours and the revenue and expenditure of tv operators. Revenue expenditure refers to expenses incurred in the day to day running of the business.