What is the Diffrence Between Expenses & Expenditure ??

Answer Posted / naresh

Expenses means cost for doing business Activity &
Expenditure means it is a promise for future payment.

Is This Answer Correct ?    34 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the basic elements to prepare a quarterly information system and how to calculate that items?

1374


What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?

657


if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me

1369


What are the different fields of accounting?

626


Tell us why did you select accounting as your profession?

647






What is the revenue recognition principle?

632


please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.

4244


Please note that all the question related to VAT is belongs to pune, maharashtra. waiting for quality reply.

1549


pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.

2468


Can i put opening stock in new company during closing time

1237


what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software

1054


hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent

2252


Tell me whether the account “cash” will be credited or debited, when a company pays a bill?

646


What is the difference between provision and reverse?

609


In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?

1036