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

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Question

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

One Line Answer
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Solution

Expenses that are not incurred frequently during the normal course of a business are known as non-recurring expenses. These are one-time expenses incurred due to some event or abnormal circumstances.

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Chapter 7: Accounts of 'Not For Profit' Concerns - Exercise 1 [Page 227]

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Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 7 Accounts of 'Not For Profit' Concerns
Exercise 1 | Q 12 | Page 227
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