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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

Yes
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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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