100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Summary Unit 3: Personal and Business Finance - Types of expenditure $7.70   Add to cart
Quickly navigate to
Preview
  2.  
  3. PEARSON (PEARSON)
  4.  
  5. Business 2016 NQF
  6.  
  7. Unit 3 - Personal and Business Finance

Summary

Summary Unit 3: Personal and Business Finance - Types of expenditure
 19 views  0 purchase
  • Course
  • Unit 3 - Personal and Business Finance
  • Institution
  • PEARSON (PEARSON)

Revision document into the different types of business expenditure from bank charges to wages to insurance and interest, tangible, goodwill and more covered. Presented in a simple and easy to read format to help with revision in business unit 3 for this topic area.

Preview 1 out of 4  pages

Document information

  • July 13, 2024
  • 4
  • 2023/2024
  • Summary

Subjects

  • types of ependiture
  • expenditure
  • unit 3
  • tangible
  • intangible
  • insurance
  • interest
  • rates
  • rent
  • inventorystock
  • trademarks
  • glossary of expenditure
  • personal and business finance
  • capital vs revenue expenditure

Written for

  • BTEC
  • PEARSON (PEARSON)
  • Business 2016 NQF
  • Unit 3 - Personal and Business Finance
All documents for this subject (26)

Seller

avatar-seller
sixthformnotes

Content preview

Types of expenditure:



Capital expenditure – used to buy capital items, which are assets that will stay in the
business for a long period of time. Capital items are non-current (long term) and intangible
assets.



Revenue expenditure – spending on items on a day to day regular basis. These are the
expenses incurred by a business that are shown on the profit and loss account (aka a
statement of comprehensive income) The types of cost incurred vary from business to
business.



Capital = land, buildings and premises, machinery and equipment, vehicles, fixtures and
fittings, goodwill, patents, trademarks, brand names



Revenue = heating and lighting, water, discount allowed, inventory/stock, rent, bank
charges, interest paid



Tangible = land, buildings and premises, machinery and equipment, vehicles, fixtures and
fittings



Intangible = goodwill, patents, trademarks, brand names

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller sixthformnotes. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.70. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

62555 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.70
  • (0)
  Add to cart