accounting term expenditure
Answers
Answered by
1
Answer:
expend Or spending of money on some commodities Or the money that is being spent on something
Explanation:
expenditure are of three types :
capital expenditure
Revenue expenditure
deferred expenditure
Answered by
0
Answer:
An expenditure represents a payment with either cash or credit to purchase goods or services. An expenditure is recorded at a single point in time (the time of purchase), compared to an expense. ... To record the occurrence of an expenditure, an accountant must show evidence of the transaction occurring.
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