Question

What is Expenses and Expenditure ?

Answer 1

Heya!

Here is ur answer.

EXPENCES :

>>The money or cost..which is needed to buy something is called as expences

EXPENDITURE:

>> The activity of spending money to buy something

Hope it helps

Answer 2

Answer :

Expenses

》In accounting Expenses is referred as the cost incurred in producing and selling the goods and services.

Some terms are included in this :-

●  Cost of goods

●  Amount paid for rent etc.

                                                                                                             

Expenditure

》In accounts Expenditure referred to any disbursement of cash or transfer of property or incurring a liability for the purpose acquiring assets , goods and services.

It can be classified into three categories :-

●  Capital Expenditure

●  Revenue Expenditure

●  Deferred Revenue Expenditure