Check out the related link to see the difference between capital expenditure and recurrent expenditure as well as some examples.
capital expenditures is expenses on assets and infrastructure while recurrent expenditure is expense on liabilities or things that keep on happening
revenue is income and expenditure is an expense
Fruitless and wasteful expenditure; means expenditure which was made in vain and would have been avoided had reasonable care been exercised. Irregular expenditure; means expenditure , other unauthorised expenditure, incurred in contravention of or that is not in accordance with a requirement of any applicable legislation.
Capital expenditure are those the benefits of which will be taken for more than one fiscal year while for revenue expenditure benefits are only for one fiscal year.
My understanding is Accrual = (VOWD - Actual expenditure)
capital expenditures is expenses on assets and infrastructure while recurrent expenditure is expense on liabilities or things that keep on happening
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differentiate between complusory and non-compulsory insurance and examples of each
revenue is income and expenditure is an expense
recurrent phenomena means if an event takes place over and over again. Non recurrent phenomena doesnot occur again and again.
There is a direct proportional relationship between aggregate expenditure and real GDP. Aggregate expenditure is actually equal to real GDP. This is different from the planned expenditure.
differentiate between general and specific reserve?
Differentiate a pilot and a plane!
Inflow of money is income . Outflow of money is expenditure
It's important to differentiate between right and wrong. She could not differentiate between the two identical twins. The new software features were designed to help differentiate their product from competitors. The expert could easily differentiate authentic artwork from fakes.
the relationship between people in daily conversation 1-strangers 2-acquintance 3-freinds
This is the difference between Income and Expenditure in a non-profit making business, where the income exceeds expenditure