Does Revenue Expenditure affect the profitability statement in a period?

Asked by Last Modified  

4 Answers

Follow 0
Answer

Please enter your answer

It is revenue expenditure which is deducted from Revenue from operations to find out the profit. Also a part of the capital expenditure is expended every year ,that is transferred to P&L a/c every year to find the profit. Example depreciation on fixed assets like machinery.
Comments

CA & Accountancy Tutor, Tally Tutor

Yes
Comments

Accounting and Taxation Expert

Yes
Comments

Yes it does
Comments

View 2 more Answers

Related Questions

I had studied mba finance from a normal college so will I get job in worldwide if I learn german language
Yes, getting job will not be a problem, there are very few companies who will ask for branded names, you should keep applying. Remember to have command on soft skills, mannerism and communication skills,...
Mubarak
What is the difference between Cash & Cash Equivalent?
1. Cash means Paper money , coins , Money order etc But, Cash Equivalent means Highly Liquidable Securities 2. Cash has not any Time period . It is Demand Receipt But , Cash Equivalent Take some time...
Madhav
Can I do a BCom after 12th humanities?
Hi Geet ...yes you can persue post humanities but make sure you do immense study of syllabus of class 11 commerce. I say this since you must know fundamentals of accounts, economics . It's advisable to...
Geet
0 0
7

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Types of Demand - Micro Economics, Class 12
Economics - NCERT, ICSE/ISC, State Board, IGCSE/GCSE

Cash Flow Statement
Purpose of a statement of cash flows: To provide information about the cash inflows and outflows of an entity during a period. To summarize the operating, investing, and financing activities of the...

Free Demo Class on GST:-Time Of Supply ,Very important topic (GST made easy by Devendra Kumar
GST – Time of Supply Introduction GST – Time of Supply: Point In time When the liability to pay tax arises Who shall pay: Taxable Person • On what GST shall be paid: Supply of Goods...

How to Identify a fake Institute?
The unsettled issue that a student meets after choosing a course of education is the collection of university or institute. Regrettably, the training institutes are growing day by day in order to suffice...

Valuation of stock
Stock valuation is a cumbersome process. A business can adopt numerous methods of valuation of stock viz , FIFO, LIFO, AVERAGE, WEIGHTED AVERAGE, etc Irrespective of the usage of various method of...

Recommended Articles

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

Appearing for exams could be stressful for students. Even though they might have prepared well, they could suffer from anxiety, tension etc. These are not good for their health and mind. However, following a few exam preparation tips can save them from all these and help them to score good marks. Let’s find out all...

Read full article >

While schools provide formal education to the children, the home is where they start learning about things informally. Parents think that schools will take the initiative to educate their children. Well, this is partially true, as parents also play an essential role in bringing up their child. For the development of particular...

Read full article >

Looking for BCom Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you