What is Egress

The word egress It is used as a synonym for leaving, moving away, withdrawing. By virtue of this, it is a term to describe the departure, distance or withdrawal of a person from the place in which he was.

Also, egreso can be used as a qualifying adjective. that individual who ceased to belong to an academic, religious community, among others, for example: “he is an egress”.

In extension, egress is used to refer to people who have completed university degrees and/or any course or professional qualification in any institution or entitywho due to their effort and attendance obtained an academic title or academic graduation, for example: “she is a graduate of the Andrés Bello Catholic University.”

On the other hand, the use of the term is used in other contexts such as “hospital discharge”withdrawal of the patient from the services provided by the hospital, through a medical discharge, voluntary withdrawal of the patient, death, or transfer; “discharge or exit from the penitentiary system”to distinguish the person who served their sentence or sentence in prison and regained their freedom.

It can also be found in other contexts, such as senior yeardate that indicates their retirement, for example: when the individual enrolls in the university and they ask about their year of graduation from high school, among other examples.

Graduate in accounting

In accounting, expenditure is the departure of money from the coffers of a company or organization, or discharge items for expenses (increases losses, such as telephone payments) and investments that in the future will become income.

For example; When a company buys raw material (expenditure), and transforms it into any product, it must generate income with its sale, which must exceed expenses.

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Exit and income

As was said before, expenses are the outflow of money from a company, which includes expenses and investments or costs, and income is the inflow of money that a company receives from the sale of its products.