Expenditure incurred on consumables and goods for resale ...
Expenditure incurred on consumables and goods for resale is?
Revenue expenditure
Capital expenditure
Sunk cost
Miscellaneous expenses
Correct answer is A
Revenue expenses are incurred when a company purchases products or services necessary for generating revenue in the short term. They include overhead cost, maintenance cost of plants and equiptment.
An evidence of payment issued to a government ministry by a revenue collector is ...
Use the following information to answer the given question: \(\begin{array}{c|c} & N \\ \hl...
Which of the following is an advantage of the imprest system? ...
The following are the importance of branch account except ...
The loss of equipment in a fire disaster results in? ...
Adamu Stores bought accessories from Mu'azu Beverages for N400 on credit. A trade discount of 10...
The authority to incur expenditure in the public sector is......... ...
If an organization maintains a periodic stock system, the stock quantities are? ...
Use the following information, \(\begin{array}{c|c} & Le\\ \hline \text{Sales} & 183,40...