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Expenses and withdrawals are similar in that both involve the outflow of money from an individual's or organization's accounts. However, they differ in their nature and purpose: expenses refer to costs incurred in the process of generating revenue or maintaining operations, such as bills or salaries, while withdrawals typically refer to taking money out of an account for personal use or investment purposes. Essentially, expenses are tied to business activities, whereas withdrawals are more personal or discretionary.

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3w ago

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