Expenditure

This is a monetary amount that is paid against receiving of goods or services that have been offered by a particular party.

The various types are:

Salaries
Wages
Rent
Commission
Interests
Bills of various services (Gas, Electricity, Oil, Water, Telephone)
Carriage on both outward and inward journey
Customs and Freight
Advertisements expenditure
Interest on Bank Loan and Capital
Legal charges
Audit fees
Drawings
Discounts
Bills of Discount
Untoward incidents not covered by Insurance company
Bad debts
Insurance

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