Expenditure

Which of the following are revenue expenditure for an office equipment dealer?

• sales promotion costs

• warehouse extension costs

• purchase of office equipment for resale

• purchase of delivery vehicle for sales department

Which of the following will be considered Revenue Expenditure?

• Frieght Cost for the purchase of inventory

• Installation of new factory plant

• Custom duty fees on shippment of inventory

• Purchase of new factory machine.

The installation costs of a new computer room is classified as

• Revenue Expenditure

• Income Expenditue

• Capital Expenditure

• Reserve Expenditure

Revenue expenditures can be found in the

The money used to purchased the asset is called_________________.

When assets are purchased after expenditure they are placed in the ____________.