Question

differences between expenditures and expences​

Answer 1

Answer:

Explanation:

The expenditure may be for the purchase of an asset, a reduction of a liability, a distribution to the owners, or it could be an expense. For instance, an expenditure to eliminate a liability is not an expense, while expenditures for advertising, salaries, etc. will likely be recorded immediately as expenses

Answer 2

Answer:

Hey Buddy here's ur answer

EXPENSES

• Expenses are those costs which are incurred to earn revenues .

• Expenses are those which are incurred for a short-term basis

EXPENDITURES

• Expenditures are those costs which are incurred to purchase or increase the value of the fixed assets of the organization.

• Expenditures are incurred for a long-term period.