Explain what is meant by the term 'revenue expenditure'.

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 23, 2023 01:05 PM

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Explain what is meant by the term 'revenue expenditure'.

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Revenue expenditure refers to the ongoing costs that a business incurs in its daytoday operations to generate revenue These expenses are part of the n...View the full answer

Cambridge International AS And A Level Accounting

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