What is difference between Expense and Expenditure ?
Please explain in detail..
Answer Posted / r.ganesh
expense: it consumes the asset value (depreciation)
Expenditure: it creates the value for asset like repairs and maintenance to machinery
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
I WRITE GROUP-4 EXAMINATION.I STADIYING INTERMEDET HOW MANY PARSANTEGE OF GROUP-4 EXAMINETIN
Tell us what kind of work environment do you prefer?
Dillution effect on EPS
Follow up ageing balances of Debtors & Creditors and also Inventory
what is an ideal organisation
My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523
Explain me your current/former role, your responsibilities, and how success is/was measured?
What is general entries for Deffered Tax?
the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?
What is dividend warrants?
1.recivable and payble 2.pf,tds,esi
What action could be taken by you and your manager to improve your performance in your current position?
I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.