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What is difference between Expense and Expenditure ?
Please explain in detail..
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Answer Posted / divyansh
Expense is an Any amount paid for Good n services. Example,
Electricity Bills etc. Expanditure is any amount paid for
increase in assets of business. Like Raw material For
business, Furniture for Business and so on .
The benefit derived from incurring a expenditure may not be
limited to the period concerned where as the benefits
derived from a expense are consumed in the same period
| Is This Answer Correct ? | 6 Yes | 2 No |
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