define recuring with example and non recurring
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Explanation:
nonrecurrent specifically : unlikely to happen again —used of financial transactions that affect a profit and loss statement abnormally.
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Answer:
The main difference between recurring and non - recurring expenses is the difference between regular , fixed expenses. one time or extraordinary expenses . Recurring expenses typically appear on a company income statement as inderiect costs and are also factored into the balance sheet and cash flow statement.
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