Wat is the diff.between revenue and capital expenditure?
Wat is meant by deffered revenue expenditure?
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Answer Posted / kavita
REVENUE EXPENDITURE:-
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It is necessary for the sustenance of
earning capacity.
CAPITAL EXPENDITURE:-
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It results the increase or acquirement
of an asset.
DEFFERED REVENUE EXPENDITURE:-
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These are those expenditure
which have been incurred in an accounting period and they
do not create any assets but their benefit is spread more
then one accounting period.
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