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What is the item of expenditure?

Updated: 9/26/2023
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Q: What is the item of expenditure?
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What are the item's of capital expenditure and recurrent expenditure?

Recurrent or Revenue Expenditure are those expenditure the benefits of which are utilized by company in one single year and capital expenditure are those expenditure the benefits of which are utilized for morethan one fiscal year. Revenue expenditure Example: Inventory etc Capital Expenditure : plant, machinery, building etc.


Largest item of public expenditure in union budget of India recent year?

Interest Payment


Difference between cost and expenditure?

basically both are cash outflow but in case of cost we have some financial advantage while in case of expenditure there are no financial advantage.cost is an value of any item.


How you say very expensive?

An item which shows its value above the cost of living expenditure is termed as very expensive.


What is the difference between revenue capital and capital expenditure?

Revenue expense are costs in the for day to day running of the business for example servicing a machine, spare parts etc. Revenue expenditure is normally charged against profit in the Income statement in the year it is expensed. Capital expenditure is on an item that will help generate profits over the longer term (12 months or more) so a purchase of a machine or van etc. The item is depreciated over the items useful life and each depreciateable amount is charged to the Income statement in the year the item has help generate profit.


What are the similarities between capital expenditure and revenue expenditure?

Revenue expense are costs in the for day to day running of the business for example servicing a machine, spare parts etc. Revenue expenditure is normally charged against profit in the Income statement in the year it is expensed. Capital expenditure is on an item that will help generate profits over the longer term (12 months or more) so a purchase of a machine or van etc. The item is depreciated over the items useful life and each depreciateable amount is charged to the Income statement in the year the item has help generate profit.


Is credit income or expenditure?

Credit is neither an income or an expenditure. It becomes an expenditure when you use it. expenditure


What is the definition of Recurring Expenditure and Non Recurring Expenditure?

expenditure


Can a mother use subisidized child care to increase the amount of childsupport she is owed?

In those states that allows this as an additional item added to the amount owed, she would have to prove there's a expenditure for child care. If it's subsidized, that she cannot get a receipt for the expenditure. see links


What do you mean by revenue expenditure?

Expenditure for which benefit is expected to be taken in one fiscal year from occurance of expenditure is called 'Revenue Expenditure" Expenditure for which benefit is expected to be taken for morethan once year is called 'Capital Expenditure'


Where to hyphenate expenditure?

Expenditure is not hyphenated.


What is irregular expenditure?

what is irregular expenditure