Respuesta :
gross investment $18 national income 100 net exports 2 personal income 85 personal consumption expenditures 70 saving 5 government purchases 20 net domestic product 105 statistical discrepancies 0 refer to the accompanying data consumption of fixed capital is $5.
What is expenditure?
An expenditure is a payment made in cash or on a credit card to buy goods or services. Unlike an expense, which is documented in a period after it has been used up or expired, it is recorded at a single point in time (the moment of purchase). The many sorts of expenses utilized in accounting and finance will be covered in this handbook.
An accountant must provide proof that a transaction took place in order to report the occurrence of an expense. A sales receipt, for instance, will serve as evidence of an over-the-counter transaction, but an invoice will serve as a demand for payment for products and services.
Organizations may retain strict control over their transactions thanks to the documentation. The objective is often to forecast earnings and losses while still monitoring revenues.
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