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What is a revenue expenditure?

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What is a revenue expenditure?
posted Mar 1, 2016 by Abhishek Maheshwari

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1 Answer

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A revenue expenditure is an amount that is expensed immediately—thereby being matched with revenues of the current accounting period. Routine repairs are revenue expenditures because they are charged directly to an account such as Repairs and Maintenance Expense.

answer Jul 11, 2017 by Anurag Kashyap
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