Wat is the diff.between revenue and capital expenditure?
Wat is meant by deffered revenue expenditure?
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Answer Posted / uppu venkat (mba)
REVENUE EXPEDITURE MEANS AN EXPENDITURE THAT INCURRED IN
THE COURSE OF REGULAR BUSINESS TRANSACTIONS OF A CONCERN.
FOR EXAMPLE THE BENFIT OF THE ASSET GIVES ONE ACCOUNTING
PERIOD.
CAPITAL EXPENDITUE MEANS AN EXPENDITURE ,WHICH HAS BEEN
INCURRED FOR THE PURPOSE OF OBTAINING A LONG TERM ADVATAGE
FOR THE BUSINESS.
FOR EXAMPLE THE BENFIT WILL GIVE MORE THAN ONE ACCOUNTIG
PERIOD.
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