What is the difference between Expanses, and losses

 16/09/21#assetguru

 What is the difference           between  Expanses, and losses?

 What happens (expenses and losses)?  And what is the difference?

 Expanses and loose?  cost or loss?

 What is the difference between the two?

 Let's know friends what is the cost and loss.

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 Today's topic is Expense and Loss or Loss.

 Friends, in case of expenditure or loss, money will decrease from your pocket i.e. cash. But still there is a big difference between the two. Let us know.

 Expanses or expenditure is done for some purposes such as profit or revenue. A person does the expenditure repeatedly on his own will, but not in loss, it is against the will for any reason.  Another big difference is that you have control over the expenses whereas you have no control over the loss, however much it may be.

 1. Expenses?

 Friends, when a person or company spends money on his own volition for the purpose of obtaining goods or services, then it is called expenditure.

 or in other words l

 Friends, here the person is spending with his own mind, here the person or company is not obliged to spend money, here he is spending money for achieving any purpose of his own will.

 like : -

 Buying goods in business for the purpose of profit.

 cherrety

 Purchasing any Vastu means buying the same,

 Paying hotel or hospital bill for the purpose of getting service.

 etc. l

 Note :-  Friends, this is a transaction which is being done on the basis of consideration of your wish.

 2. Losses? 

 Friends, here the money is spent without the desire of the person or company, that is, without the desire of the person or company, the expenditure of money without any purpose is called loss or loss.

 Loss or damage of something, the act of losing something is called loss

 like : -

 Loss in business, ie goods being stolen or burnt etc.

 Friends, neither any item is coming here nor any service is being received. That is why it will be called loss or loss.

 

 Note :- Friends, this is not a transaction nor is it happening according to anyone's wish. And there is no consideration in it.

#assetguru Mr. Roy