Difference between Wages and Expense?
Answers were Sorted based on User's Feedback
Answer / vasu
Wages:-wages r the salarys given to the labour in the
orgination,
these can be called as salary but, which is given monthly
is siad as slary and which is given on daily basis and
weekly basis are called as wages.
Expenses:- The amount which we spend to run the orgination
is called as the expenses (Example: stationary,house
keeping material,transport,maintainace,ecy.......)
Is This Answer Correct ? | 11 Yes | 1 No |
Answer / guest
wages is didect expenses
but expenses is indirect expenses
Is This Answer Correct ? | 9 Yes | 2 No |
Answer / vandana gupta
Compensation for work is called wages.
Any cost of doing business resulting from revenue-
generating activities is called expenses.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / sricharan babu m
Wages are direct expenses to the product. It is a labour
cost for producing the product.
Expenses are Indirect to the main product.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / anamika sheoran
wages is dirct expenses and pay for manufacturing work on
daily bases its before comleted finished goods.
expense is all dirct and indirect expenses its statrt of
registration of any business.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ali akbar khan
wages is dirct expenses and paying by the owner. but
expense is indirct expenses .
Is This Answer Correct ? | 0 Yes | 0 No |
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