expenditure
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Answers ( 3 )
it is amount which is immediately expensed ….
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.
A revenue expenditure is an amount that is expensed immediately—thereby being matched with revenues of the current accounting period.