UNDERSTAND ffdm class point of view

RECURRING NON RECURRING

POINT OF DIFFERENCE RECURRING NON RECURRING
EXPENSE POINT OF VIEW RECURRING EXPENSE ARE THOSE EXPENSES WHICH ARE GOING TO BE IN REGULAR INTERVAL BASE NON RECURRING EXPENSES ARE ONE TIME EXPENSES AND EXTRA ORDINARY SITUATION EXPESNES
EXAMPLE FOOD EXPENSE VACINATION EXPENSES
LIABILITY POINT OF VIEW RECURRING LIABILITY ARE LIABILITIES OCCURING AT REGULAR INTERVAL NON- RECURRING LIABLITIES ARE ONE TIME LIABILITY OR EXTRA ORDINARY LIABILITY
EXAMPLE LOAN INTALLMENT INCOME TAX PENALTY
INCOME POINT OF VIEW RECURRING INCOME ARE THOSE INCOME WHICH OCCUR OR ARISE ON REGULAR INTERVAL BASE NON -RECURRING INCOME ARE THOSE INCOME WHICH WILL ARISE VERY FEW TIMES AND NOT IN REGULAR INTERVAL
EXAMPLE SALARY INCOME BAD DEBTS RECOVERD
ASSET POINT OF VIEW RECURRING ASSET ARE THOSE ASSETS IN WHICH YOU CAN INVEST AT REGULAR INTERVAL NON -RECURRING ASSET ARE THOSE ASSET IN WHICH YOU CAN INVEST VERY FEW TIMES
EXAMPLE SIP IN EQUIETY BUYING A LUXURY HOME

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