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Does Revenue Expenditure affect the profitability statement in a period?

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Yes it does
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CA & Accountancy Tutor, Tally Tutor

Yes
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Accounting and Taxation Expert

Yes
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It is revenue expenditure which is deducted from Revenue from operations to find out the profit. Also a part of the capital expenditure is expended every year ,that is transferred to P&L a/c every year to find the profit. Example depreciation on fixed assets like machinery.
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Related Questions

Can I do a BCom after 12th science?
Yes u can if u have taken commerce in ur 12th and completed with good score
I T Roxaana
Can I do a B.Com after 12th PCB? Will I be able to understand the topics?
Yes Kratik you can do B.com after 12th. In gradually you will understand.
Kratika
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What skills should a Bcom student build?
Financial skills, IT skills for softwares related to finance and accounts, Communication skills, Personality skills, Skills to develop confidence, Etc. Wishing you all the best.
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Debt like loans debentures...more than 1year period
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Register for the ICAI and get a course then do 11months intenship with a CA. Then you are eligible for the CA inter.
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