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Difference between expenditure and expense?
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Answer Posted / csshailendra
Expences are generally classified into two categaries
1:Capital , 2: Revenue.
Expences of revenue nature are generally of small amounts
and are charged to the P/L A/C.Whereas the Capital
Expenditure are huge in amounts and are usually
ammortizedand are shown in the B/s.
| Is This Answer Correct ? | 5 Yes | 8 No |
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