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An expense is a cost that has expired, been used up, or necessary in order to earn revenues and is recorded on an income statement. An expenditure is a payment or disbursement which may have been a purchase of an asset, reduction of liability or distribution to owner(s).

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Related Questions

What is between revenue and expenditure?

revenue is income and expenditure is an expense


Is there difference between expense and expenditure?

They can be used the same in most cases, though they do have slightly different shades of meaning. Expense can be used to discuss price of a single object, whereas expenditure is generally used more for the expense over a period of time. Their definitions are very similar however


What is difference between operational expenditure and COGS?

Operational expenditure is expense of "Operations" like insurance for the company or rent for a warehouse. Cost of goods sold is expense directly related to preparing something for sale. For example: A gas bill for a pizza oven, used to bake the pizzas sold, is a COGS.


Differentiate between capital expenditure and recurrent expenditure with example?

capital expenditures is expenses on assets and infrastructure while recurrent expenditure is expense on liabilities or things that keep on happening


What is the Difference between revenue expenditure and expense?

Revenue expenditure are those for which company has spend money but not yet took the benefits of them as soon as company take benefits of those expenditure, it become expanse. For Example: Inventory purchase for 3 months of production is revenue expenditure but when this inventory utilized in production then the portion of utilized inventory become expanse.


What is the differentiate between capital expenditure and recurrent expenditure and what are some examples?

Check out the related link to see the difference between capital expenditure and recurrent expenditure as well as some examples.


What is the difference between income and expenditure incurred?

Inflow of money is income . Outflow of money is expenditure


What are the principles of comparative and absolute advantage and their relevance in the development of third world countries?

what is the difference between capital and current expenditure what is the difference between capital and current expenditure


Is the expense incurred in acquiring patent rights a revenue expenditure?

capital expenditure.


Difference between expenditure management and revenue management?

Expenditure is money going out, revenue is money coming in.


What is the difference between operating costs and revenue expenditure?

They are synonyms.


Distinquish between savings and financial surplus?

This is the difference between Income and Expenditure in a non-profit making business, where the income exceeds expenditure

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