What is the meaning of deferred revenue expenditure? Revenue Expenditure: In economic terms, a manufacturer's overall expense while producing its commodities and services is known as revenue expenditure. In a certain fiscal period, they are considered essential for producing income. ...
As autonomous expenditure is necessary for the survival of an individual, businesses, and nations, they have to be met irrespective of their earnings. Therefore, governments and citizens should be careful while spending their income on things other than necessities. They should also make a lot of ...