What is the difference between payment and expense?
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What is the difference between payment and expense?

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What is the difference between payment and expense?

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Under the accrual method of Accounting Services in Knoxville, expenses are costs that have been used up or have been incurred in the process of earning revenues and/or operating a business. A payment is a disbursement of money (usually in the form of a check or currency).

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Jenniferrichard

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