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Definition of budget deficit?

If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE


What is the Difference between fiscal deficit and revenue surplus?

Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.


When the government expenditure is more than it's revenue than the national budget is said to have a?

deficit


What is between revenue and expenditure?

revenue is income and expenditure is an expense


What is the meaning of revenue expenditure?

Revenue is money and an expenditure is what is spent.


What is a sample cash budget?

A sample cash budget will just indicate the various sources of revenue and how it is to be spent. A cash budget is influenced by previous income and expenditure ventures.


What is revenue budget?

The revenue budget primarily comprises Governmentrevenue receipts like tax and expenditure met from the revenue.The tax revenues principally constitute yields of taxes and otherduties imposed by the Government of India.


What will be paid water charges to the muncipal committee a capital expenditure or revenue expenditure?

revenue expenditurerevenue expenditure


Is depreciation revenue expenditure?

Yes depreciation is a revenue expenditure as it incurs every year to generate revenue and capital expenditure is that expenditure which is incurred for one time to earn revenue for more than one fiscal year.


When government spending is higher than government revenue it is called?

Over expenditure


If a capital expenditure is treated as a revenue expenditure then?

Now, if a capital expenditure is treated as a revenue expenditure, then the expenses would be overstated and also the Fixed assets would be overstated


What differentiates capital expenditure from revenue expenditure?

Capital expenditure is spending from your savings (eg buying a house), Revenue expenditure is spending from your wages (eg buying a beer).