Revenue expenditure is_______ in nature.

capital

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outstanding

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recurring

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contingent

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Solution

The correct option is C recurring
All the expenditure which are incurred in the day to day conduct and administration of a business and the effect of which is completely exhausted within the current accounting year are known as revenue expenditure. These expenditure are recurring by nature as this expenditure is always short lived.

Suggest Corrections

Deferred Revenue Expenditure A/c To Profit & Loss A/c	Dr.
Expense A/c To Profit & Loss A/c	Dr.
Profit & Loss A/c To Provision for Expense A/c	Dr.
Profit & Loss A/c To Deferred Revenue Expenditure A/c	Dr.