mcboon

What  are Revenue expenses?

Please explain what are Revenue expenses?

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newfound

Revenue Expenses are those expenses for which, the benefit is enjoyed within one accounting period. For example, the business has purchased stationery for office use. Now, the stationery is used within one year in the office. So, this will be a revenue expense. The term used for Revenue Expenditures is ‘Charged Off’. Revenue Expenses are those expenses that are: • Incurred in day to day running of the business. • Incurred to maintain fixed assets in their original / useable condition. Source:http://in.docsity.com/en-docs/Fixed_Assets_Part_2-Financial_Accounting-Lecture_Handout_

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asdlol2

Orinial results from the predetermined resources could be included in profit expenses.

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