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Question
Which of the following are not considered as Revenue expenditure?
Which of the following are not considered as Revenue expenditure?
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Solution
The correct option is C Loan repayment
Revenue expenditures are short-term expenses used in the current period or typically within one year.It includes the expenses required to meet the ongoing operational costs of running a business.
For examples Salaries and employee wages, any overhead expense, such as salaries for the corporate office, which typically fall under selling, Law & Order,mgeneral,administrative expenses (SG&A), Research and development (R&D), Utilities and Rent, Subsidies, Business travel, Property taxes, Defence expenditure, etc.
Revenue expenditures are short-term expenses used in the current period or typically within one year.It includes the expenses required to meet the ongoing operational costs of running a business.
For examples Salaries and employee wages, any overhead expense, such as salaries for the corporate office, which typically fall under selling, Law & Order,mgeneral,administrative expenses (SG&A), Research and development (R&D), Utilities and Rent, Subsidies, Business travel, Property taxes, Defence expenditure, etc.
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