Question:
What is the difference between Expenses & Expenditure ?
Answer:
The difference between expenses and expenditure. Expenese is the outflow from a profit oriented organization while expenditure is the outflow from non-profit organization. Source: CoolInterview.com
Answered by: ahmed akewula | Date: 6/23/2008
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The expenses and expenditure are two term that interweve. The differently they look, the more they look the same.
Expense are monies expended on items on which no value remains eg expenses on wages and salaries, Nepa bills, transportation, etc while expenditures are monies used for items of which some values remains eg purchase of assets especialy. Source: CoolInterview.com
Answered by: okoloise Godfrey | Date: 2/12/2009
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expenses means different types of expenses incurred by an organisation
expenditure means the total expenses the company incurred can be regarded as an expenditure
conclusion- meaning is same but slight difference in simple words "expenses can be regarded as the exp met by a company" "group of expenses can be regarded as expenditure" Source: CoolInterview.com
Answered by: ravindra | Date: 3/23/2009
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In accounting terminology, there is one difference between Expense and Expenditure. The Expense is the expired portion of an Expenditure. If you want more clarification, jus think the concept with one example. All the other things remains same. We often use Expense and Expenditure simultaneously. But only this slight difference is there. Source: CoolInterview.com
Answered by: payal srivastava | Date: 9/23/2009
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The difference between expense and expenditure. The expenditure is the cost beared for the purchase of assest into the business. The benefits of this expenditure can be for longer period of time. While the amount spent on the repair and maintenance of the car comes under expense. The benefits of expense can be for limited period.
Source: CoolInterview.com
Answered by: Muhammad Aftab | Date: 9/24/2009
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An expenditure includes an expense but not vice versa. An expenditure is a thing that is expended or an act of disbursement. Whereas an expense is a cost, charge incurred or amount spent Source: CoolInterview.com
Answered by: Gokul | Date: 2/2/2010
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Expenses means which is bound to be incurred as and when required it can be regular exepnses say electricity is not expenditure. But expenditure means after taking decision some amount to be spent for it. Source: CoolInterview.com
Answered by: Jhankhana | Date: 5/12/2010
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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. Source: CoolInterview.com
Answered by: Kaleem ullah | Date: 4/6/2016
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