Accountancy, asked by Pradeep69801, 10 months ago

Differce between loss and expense

Answers

Answered by Blackdevil24
1

Answer:

difference

Explanation:

Expenses are something that are done to generate income...

more over expenses are done intentionally / willfully to generate income

loss occurs when expenses are more than the generated income...

where as losses are not intentional or willful (normally)

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