FEATURES AND EXAMPLES OF REVENUE EXPENDITURE

Special features:

1. These are routine expenses.
2. These expenses are usually incurred.
3. These expenses do not add to the value of assets.
4. Revenue expenses are shown at the debit side of trading and profit and loss account.

Examples:

• Purchase of goods.
• Payment of selling and distribution expenses.
• White-washing of building.
• Repairs the furniture's and equipments etc.