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What is difference between expense and expenditure

Posted by Avdhesh Kushwaha 4 years, 9 months ago

1 answers

Sia ? 4 years, 9 months ago

Parameters of Comparison	Expense	Expenditure
Meaning	It is used when referring to past purchases, and also when talking about a single item purchased.	It is used when referring to a whole list of purchases or any form of disbursement.
Meaning (in terms of corporations)	Expenses are the strategic purchases made by companies to increase their revenue.	Expenditures are the final amounts on bills incurred due to the purchase of an asset by the corporation.
Frequency of occurrence	Expenses are seen to occur many times over a given period (such as a fiscal year of an organization).	Expenditures are final amounts, so they occur in lesser frequency over a specific period of a company.
Reason	Corporations make expenses so that they can make ordinary day to day purchases for the company.	Corporations make expenditures for significant assets and things concerning revenue.
Examples	Expenses for an organization include employee salaries and healthcare benefits. For citizens, it includes rent and food purchases.	For corporations – capital investments and investment of shares. For citizens, it includes mortgages and property investments.
Time frame	When looking at financial accounts, expenses are always compiled for a small term due to the higher number of times they occur.	In financial accounts, expenditures are compiled for a longer-term due to the lower number of occurrences.

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What is microeconomic

Posted by Komal Rao 8 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Ankur V 8 years, 1 month ago

Micro means Small , Microeconomics is study of economics at individual level ,

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Rohan Chaudhary 8 years, 1 month ago

Study of individual behavior

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Son k

Posted by Komal Rao 8 years, 1 month ago

CBSE > Class 12 > Accountancy

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At the time of dissolution of partnership firm,why is the payment of partner's loan not done through capital account?give reason.

Posted by Nayra Gupta 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Shorvari Suxena 8 years, 1 month ago

Beacause it is indicated by separately account which is partners loan acc . In that account payment of partner loan is done.

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Additional.ques no. 44 ka (c) and b part bta do koiabhi urgently plz

Posted by Shorvari Suxena 8 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Shorvari Suxena 8 years, 1 month ago

Bta do na

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Shorvari Suxena 8 years, 1 month ago

Chapter no 5 dissolution page no. 5.108

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Operating ratio

Posted by Naveen Baghel 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Vaidehi Saraf 8 years, 1 month ago

Cost of revenue from operation + operating expenses - operating income ÷ Revenue from operation × 100

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What is the nature of interest on debenture account?

Posted by Lalita Gariya 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Lakshay Verma 8 years, 1 month ago

Expense nature ,it is charged against profit of the company

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What is meant by cash equivalent , while preparing cash flow statement.

Posted by Raj Chaudhary 8 years, 1 month ago

CBSE > Class 12 > Accountancy

4 answers

Vaidehi Saraf 8 years, 1 month ago

The opening balance of cash and cash equivalent is added to the net balance of all the activities and if the closing balance of cash equivalent comes then the answer is correct. So it helps to check the answer.

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Vaidehi Saraf 8 years, 1 month ago

It donot include B/R

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Lakshay Verma 8 years, 1 month ago

Cash equivalent ,easy to convert into cash like B/R., cash in hand , cash at bank

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Ankur V 8 years, 1 month ago

Cash & Cash equivalent is Sum of cash and items which are equivalent to the cash or can be converted into the cash are available at a point of time in the firm

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What is meant by profitability of business?

Posted by Raj Chaudhary 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Lakshay Verma 8 years, 1 month ago

Earning capacity of company

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Dividend paid by a financial company is classified under which type of activity while preparing cash flow statement?

Posted by Raj Chaudhary 8 years, 1 month ago

CBSE > Class 12 > Accountancy

3 answers

Ankur V 8 years, 1 month ago

Sorry For financial institutions such like banks, mutual fund company it will be come into operating activities and for others it will come into financing activities sorry i really didn't read the question properly

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Lalita Gariya 8 years, 1 month ago

Sry ..it was operating activity

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Lalita Gariya 8 years, 1 month ago

Financing activity

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If there is no amount mention for realisation of asset then by which amount asset is released

Posted by Navdeep Singh Sidhu 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Ankur V 8 years, 1 month ago

Then the value of the particular asset will be considered as Zero ( If Realisation value is not mentioned)

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Is exam checker do loose marking???

Posted by Anmol Midha 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Lakshay Verma 8 years, 1 month ago

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Is investment fluctuating reserve taken in partners capital account?

Posted by Annu Augustine 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Simran Madaan 8 years, 1 month ago

After the loss of investments is covered..it is distributed among partners And if there is no loss..then whole IFR is distributed among partners in profit sharing ratio

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When we pass the entry of pro-rata allotment of shares, for eg... Share application.... Dr To share capital To share allotment To bank . . What amounts should be entered in each side...

Posted by Pranjal Purkayastha 8 years, 1 month ago

CBSE > Class 12 > Accountancy