Question

Amount paid for the purchase of goods is an example of which expexpenditure

Answer 1

Answer:

Spending money or incurring a liability for some benefit, service or property received is called expenditure. Payment of rent, salary, purchase of goods, purchase of machinery, purchase of furniture are examples of expenditure.

Explanation:

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Answer 2

Answer:

spending money on incurring a liability for some benefits service or property received called expenditure.