Expenditure

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  • Created by: Ice_Fox
  • Created on: 17-01-22 12:06
2 types of expenditure
Capital expenditure
Revenue expenditure
1 of 17
Types of capital expenditure
Tangible
Intangible
2 of 17
Tangible non-current assets
Land
Buildings/premises
Machinery/equipment
Vehicles
Fixtures + Fittings
3 of 17
Intangible non-current assets
Goodwill
Patents
Trademarks
Brand names
Logo
4 of 17
Types of revenue expenditure
Inventory
Rent
Utilities
Insurance
Salaries/wages
Marketing
Bank charges
Interest paid
Depreciation
Discount allowed
5 of 17
Inventory
Stock a business needs to purchase
6 of 17
Rent
Monthly payments towards a building
7 of 17
Utilities
Water/Gas/Electricity
Paid monthly or yearly
8 of 17
Insurance
Monthly or annually paid to protect assets/workers
9 of 17
Salaries
Fixed monthly cost to staff
10 of 17
Wages
Amount paid to staff determined by the number of hours worked
11 of 17
Marketing
To ensure you stand out compared to competitors. Amount needed to be spent depends on the size and importance of the business
12 of 17
Bank charges
For overdrafts, loans and mortgages
13 of 17
Interest paid
Paying interest on loans/mortgages
14 of 17
Straight-line depreciation
Consistent amount deducted annually from the value of an asset
15 of 17
Reducing balance depreciation
Amount deducted from the value of an asset is a consistent percentage annually
16 of 17
Discount allowed
Seller of goods/services grants a payment discount to the buyer
17 of 17

Other cards in this set

Card 2

Front

Types of capital expenditure

Back

Tangible
Intangible

Card 3

Front

Tangible non-current assets

Back

Preview of the front of card 3

Card 4

Front

Intangible non-current assets

Back

Preview of the front of card 4

Card 5

Front

Types of revenue expenditure

Back

Preview of the front of card 5
View more cards

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