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Does Revenue Expenditure affect the profitability statement in a period?

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Yes it does
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CA & Accountancy Tutor, Tally Tutor

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Accounting and Taxation Expert

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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.
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Related Questions

Can you tell me the straight line method to calculate depreciation?
(Purchase price of asset +installation & other exp relating to purchase of asset as per AS-scrap value/no. of years of its economic life of asset. Each year depreciation charged will be equal amount.
Prabhash
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What are the differences between BCom and BBA?
B.Com is an Academic Course, and BBA is a Professional or job oriented course. B.Com based only on theoritical knowledge but BBA is based on practical knowledge.
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How do I calculate the amount of sales tax that is included in total receipts?
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Is it necessary to join tuition for a B.Com if I am pursuing a CA?
Not necessary, u will learn more in your CA program and comparing then the syllabus of b.com will not at all hinder u. Just give few hours for b.com syllabus and balance your studies u will not required...
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