Venue example sentences

Further, the budget must distinguish expenditure on the revenue account from other expenditures.These are treated as revenue receipts as it is a regular source of income hence, it is taken to the income side of the Income and Expenditure Account of the current year.First, is termed as revenue and the other, when the revenue is realised.1,00,000 is expected to derive benefits (or revenue) for 10 years and not one year.The Revenue Budget shows the current receipts of the government and the expenditure that can be met from these receipts.1,00,000) against the revenue for the year 200 This part represents, the expired cost or loss in the value of machine on account of its use or passage of time and is referred to as 'Depreciation'.The excess of expenses of a period over its related revenues its termed as loss.It includes only revenue items and the balance at the end represents surplus or deficit.Conversion of a Receipt and Payment Account into an Income and Expenditure Account: This essentially involves five steps namely, adjusting the revenue receipts on the debit side to include outstanding incomes and incomes relating to the current year received earlier and to exclude amounts received in arrears or in advance; adjusting revenue payments on the credit side; identifying and showing non-cash expenses and losses on the debit side of the Income and Expenditure Account; computing and showing profits/losses from trading and/or social activities on the credit/debit side of the Income and Expenditure Account; and ascertaining the surplus or deficit as the closing balance of the Income and Expenditure Account.It is the everyday support for students, it suggests new avenues of research to professionals, and it provides a succinct organization of the whole of chemistry.It follows from this that the 3 0 Accountancy revenue and expenses incurred to earn these revenues must belong to the same accounting period.Every business is an attempt to reap more than what has been invested and profit is the excess of revenue over cost.Matching principle requires that the revenue of a given period is matched against the expenses for the same period.Interest payments on market loans, external loans and from various reserve funds constitute the single largest component of non-plan revenue expenditure.This subsidy is also treated as revenue income for the year in which it is received.