Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the difference between expense and expenditure? Explain with the help of examples.

user-image
Question added by gulsoom osmany
Date Posted: 2016/04/17
Hussien Elgendy
by Hussien Elgendy , chief accountant , Mohamed N. Al Hajery and sons

Expense is an any amount paid for goods and services. Example: gas and electricity bills etc. "Expenditure" is any amount paid for increase in assets of business, like raw materials or furniture for Business and so on.

More Questions Like This