what is difference between –
revenue expenditure
deffered revenue expenditure
capital expenditure
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Revenue expenditure are those expenses which are incurred to earn revenue, onetime use, normally small in amt, benefit upto 1 yr.
Deferred revenue expenditure are those expenses whose benefit is consumed but payment has not done yet.
Capital expenditure are those expenditure which are incurred to generate revenue, normally large amt involve, benefit more than 1 yr.
I think this will help.