The meaning of REVENUE EXPENDITURE is an expenditure allocable to and chargeable against revenue —contrasted with capital expenditure.
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Define Aggregate expenditure. What are the drawbacks of revenue expenditures? What does the inefficiency of taxation mean? Define the term "nominal income". What is meant by the present value of costs? Define business investment spending and give an example. ...
Examples of revenue expenditure Revenue costs are expenses invested by the firm in its daily operations, the impact of which would be fully used during the current accounting year in which they were generated. These are ongoing costs that are not included in the fixed asset expense. As a resul...
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. ...
Classification of government revenue and e 政府收入和开支的分类。 政府收入和开支的分类,充分,是政府收入和开支的类别和分类准确,清楚地反射政府收入和开支活动。 政府收入和开支的分类是为政府预算、预算施行和预算组织单位认为的详细的会计的创立的一个重要依据。 [translate] asunmmerboard mode sunmmerboard方式 ...
An expenditure is cash or a cash equivalent paid in exchange for goods and services. An expense may also be a charge against available revenue, as in the case of an invoice awaiting payment. A revenue expenditure pays for goods and services that the business uses within a short time frame,...
The term may also be used as a verb – however, it is not common. It can mean to offset as in offsetting an item of expenditure as an expense against taxable income: “Up to $10,000 in capital expenditures can be expensed in the year they were incurred.” ...
to give to a judge or official (a statement or a writ of actions done). to render (a verdict, decision, etc.). to reflect (light, sound, etc.). to yield (a profit, revenue, etc.), as in return for labor, expenditure, or investment. ...
According to the Internal Revenue Service (IRS), interest on a state or local government obligation may be tax free even if the obligation is not a bond.7For example, interest on a debt evidenced only by an ordinary written agreement of purchase and sale may be tax free. Also, interest ...