Businesses usually have two types of spending such as Revenue Expenditure and Capital Expenditure. Here is how to correctly record these two types of spending.
Posts tagged as “revenue expenditure”
After the start-up capital has been generated, money that is used in a business is categorized as Revenue Expenditure and Capital Expenditure.
After the start-up capital has been generated, money that is used in a business is categorized as Revenue Expenditure and Capital Expenditure.
Businesses need finance to conduct business activity – turn inputs into outputs. Finance is needed to purchase resources.