Monday 30 May 2011

Some examples of revenue expenditure

(1) Salaries and wages paid to the employees; (2) Rent and rates for the factory or office
premises; (3) Depreciation on plant and machinery; (4) Consumable stores; (5) Inventory of
raw materials, work-in-progress and finished goods; (6) Insurance premium; (7) Taxes and
legal expenses; and (8) Miscellaneous expenses.

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