Please Help: Profit n Loss
Posted Date : 08-Jul-2013 , 01:03:06 pm | Posted By: Ravi K. Khandelwal
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Difference Between Expenses and Expenditure |
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Answer by: Vikky Kumar Jha |
Expenses are revenue nature and Expenditures are capital nature.Future economic benefit of Expenditure is likely to flow to the company for more than one accounting period.
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