The revenue expenditure is treated as:
Which are the total amount of goods procured by a business on credit and on cash for sale?
Purchases
Sales
Purchase Return
Sales Return
Capital expenditure
Revenue expenditure
Sales expenditure
Revenue income
Expenses which do not result in the income earning capacity of the business.
Normal expenditure
Overlay expenditure
Which is a measure of something on hand- goods, spares and other items in a business?
Closing stock
Opening stock
Wages
Stock in hand
