To some people it is buying a Rolls-Royce car,
to others it is buying enough food to last the week, instead of a day.
To me, luxury expenditure is buying something I want, but don't need,
like cream cakes!
Credit is neither an income or an expenditure. It becomes an expenditure when you use it. expenditure
An example of luxury spending is purchasing a designer handbag from a high-end brand, such as Chanel or Louis Vuitton. This type of expenditure goes beyond basic needs and often reflects a desire for status, exclusivity, and quality craftsmanship. Other examples include luxury vacations, fine dining experiences, and high-end automobiles.
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'
Expenditure is not hyphenated.
what is irregular 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.
1) operating expenditure 2) development expenditure
It becomes an expenditure when you use it
negative expenditure
projected expenditure
no