Expenses

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Something spent to attain a goal or accomplish a purpose: an expense of time and energy on the project.

A loss for the sake of something gained;. How to use expense in a sentence. An expense is the cost of operations that a company incurs to generate revenue. Other articles from investopedia.

Examples of personal expenses include the mortgage payment, groceries, and gas for the car. Expenses Costs of living or doing business. Examples of business expenses include the cost of materials, employee salaries, and other overhead.

Businesses attempt to keep costs to the.

An expenditure is recorded at a single point in time (the time of purchase), compared to an expense which is allocated or accrued over a period of time. See all full list on irs. Snap a photo of your receipt using SmartScan and Expensify takes care of the rest. Scheduled Maintenance. This will last approximately hours and may result in this service being unavailable.

Operating expenses consist of cost of sales, fulfillment, marketing, technology and content, general and administrative, and other. Non-operating expenses comprise interest expense (and income), and other expense (income). Finally, Amazon has charged a provision for income taxes and accounted for equity method investment activity.

The expense account is a contra equity account that has a debit balance. This means that equity is decreased as the company generates more expenses. Merriam-Webster Thesaurus, plus related words, definitions, and antonyms.

Find another word for expense. Three months of expenses would suggest having a rainy-day fund of $1306. If you set aside $27 you would accumulate $13in a year.

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Generally, expenses are debited to a specific expense account and the normal balance of an expense account is a debit balance. Also displayed are totals by category and cumulative to date, so you always know where you stand. We advise you not to select remember details if you are using a public or shared computer.