Spent

An expense is an outflow of money that a person or company must pay to prove their right to an item or to receive a service. However, there are lumps and differences between the money that a person allocates (because they do not recover it) and the money that a company allocates. Because the company does recover it when generating income, therefore it "does not spend it" but uses it as part of its investment.

In accounting, the entry or accounting item that decreases the benefit or increases the loss of a company or individual is called an expense or expense. It differs from the term cost because it specifies that there was or will be a financial outlay (cash or bank movement).

The expense is an outflow of money that "is not recoverable", unlike the cost, which is, since the outflow is with the intention of obtaining a profit and this makes it an investment that is recoverable: it is an outflow of money and also a utility is obtained.

We can also say that the expense is the flow of resources or potential services that are consumed in obtaining the net product of the entity: its income.

Expense is defined as the expiration of asset items that have been voluntarily incurred to produce income.

We can also define spending as the investment in money necessary to manage the company or business, since without that it would be impossible for any economic entity to function; the expense is recovered to the same extent that is taken into account in calculating the sale price of the good or service.

Losses are involuntary expirations of assets that are unrelated to the production of income.