EXPNSES
|
EXPENDITURE
|
Money spent for to get short term benefit
|
Money spent for to get Long term benefit
|
It is Nominal Account
|
It is Real Account
|
It comes in P&L Debit side
|
It comes in Balance sheet Asset side
|
Generally smaller in
amount
|
Generally bigger in amount
|
It is recurring nature
|
It is non recurring nature
|
Ex. Rent, Salary, Telephone,
|
Ex. Purchase of Land, Buildings, Machinery
|
Have done M.Com in Accounting and MBA in Finance . Working as a senior position role in a MNC company. Having more than 10 years experience in Accounting, Finance, Management and Taxation. Willing to explore this field more efficiently and want to be more matured in accounts. Always glad to help future or working accountants and want to get the same from senior ones. I believe in "A Candle Loses Nothing By Lighting Another Candle"
Saturday, 26 September 2015
DIFFERENCES BETWEEN EXPNSE AND EXPENDITURE
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment