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Answer in One Sentence Only. What Do You Mean by Recurring Expenses? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only.
What do you mean by recurring expenses?

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उत्तर

Expenses which are of routine nature are known as recurring expenses. These expenses are incurred in the normal course of business activities (operations) and are debited to Income and Expenditure Account.  For example, salaries, rent, printing and stationery etc.

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पाठ 7: Accounts of 'Not For Profit' Concerns - Exercise 1 [पृष्ठ २२७]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 7 Accounts of 'Not For Profit' Concerns
Exercise 1 | Q 5 | पृष्ठ २२७
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