Credit is neither an income or an expenditure. It becomes an expenditure when you use it. expenditure
expenditure
Expenditure for which benefit is expected to be taken in one fiscal year from occurance of expenditure is called 'Revenue Expenditure" Expenditure for which benefit is expected to be taken for morethan once year is called 'Capital Expenditure'
Expenditure is not hyphenated.
what is irregular expenditure
Recurrent or Revenue Expenditure are those expenditure the benefits of which are utilized by company in one single year and capital expenditure are those expenditure the benefits of which are utilized for morethan one fiscal year. Revenue expenditure Example: Inventory etc Capital Expenditure : plant, machinery, building etc.
1) operating expenditure 2) development expenditure
no
It becomes an expenditure when you use it
projected expenditure
negative expenditure
If it is finance lease then it is capital expenditure otherwise it s revenue expenditure