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

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Question added by gulsoom osmany
Date Posted: 2016/04/17
Hussien Elgendy
by Hussien Elgendy , acting 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.

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