Define Revenue expenditure. Revenue expenditure synonyms, Revenue expenditure pronunciation, Revenue expenditure translation, English dictionary definition of Revenue expenditure. n. An expense incurred in normal business operations, such as an administr
The meaning of REVENUE EXPENDITURE is an expenditure allocable to and chargeable against revenue —contrasted with capital expenditure.
Definition: Revenue Expenditure, also known asOperating ExpensesorOpExrefers to the expenditure incurred in the course of the day-to-day business activities i.e. in the production of goods and services and its sale, which facilitates revenue generation of the company. Such expenses do not increase...
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An example of a revenue expenditure is an additional cost attached to a fixed asset like a piece of machinery. Some machines need to be cleaned and lubricated regularly. These costs don’t really add any value to the machine. They are just necessary to keep the equipment running. ...
Revenue Expenditure: Definition and Explanation: All the expenditures which are incurred in the day to day conduct and administration of a business and the effect-of which is completely exhausted within the current accounting year are known as"revenue expenditures". These expenditures are recurring by...
revenue [ˈrevənjuː] A. N (= profit, income)→ ingresos mpl, rentas fpl; (on investments)→ rédito m; [of country]→ rentas fpl públicassee also inland B. CPD revenue account N→ cuenta f de ingresos presupuestariosrevenue expenditure N→ gasto m corrienterevenue stamp N→...
Capital expenditure is incurred, which helps in the creation of the asset. Since the investment helps create assets, these can be created into cash as and when required by the business. These revenue expenditures are incurred mostly on sales promotion and advertising activities and, therefore, can...
revenue received for goods or services, or from other sources, as rents or investments: For years, her only source of income was the small number of stocks her father left her. the money, or amount of money, received from one’s employment: a household with three incomes; a healthcare ...
How to account for Capital Expenditure and Revenue Expenditure Capex approval processesare not fully deducted during the accounting period they were incurred in, but rather depreciated to spread this cost over the useful life of the asset. Every year, a part of the asset is “used up”. ...