What Are Revenue Expenditures - Definition - Meaning - Example
Previously, we studied about Capital Expenditures . Here, we will take i n to accou n t Reve n ue Expe n ditures i n some detail. Those expe nditures which are incurred in day to day conducting of business operations. Usually, the benefits arise from these types of expenditures are exhausted within one Accounting period not more than one year. Examples are Wages paid to factory workers for the purchasing of goods supplies, Repairs And Maintenance of Fixed Assets like Machinery, Motor Vehicles, etc. Revenue Expenditures are categorized as Expenses or Expired Cost because the benefit is received by the business within one accounting period. Examples are Rent Paid, Salaries Paid, Travelling And Transportation Expenses, Freight, Carriage, Cost of Sales or Cost of Goods Sold, Depreciation Expense , Bad Debts Expense , etc. These are also k nown as Recurrent Expenditures. You may also be interested in,” Expenditures VS Expenses ”...