Expenses incurred but not yet paid or recorded are called accrued expenses.

An Expense would normally have a debit balance.

Selling Expenses

Deductions

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overhead

Typical expenses incurred by a restaurant are, Labor, Food & beverage, paper products, dishware, cookware, utinsels, cleaning products, repair and maintenance, courier charges, advertising and marketing, legal counsel (for when customers sue you), and utilities.

An accrual.

Expenses that are not affected by sales volumes are called fixed costs. These costs remain constant regardless of the number of units produced or number of units sold. An example would be the lease on a building. Sales volume may fluctuate but lease payments typically remain constant (as outlined by the lease agreement).

matching principle

fixed expenses and variable expenses

general and administrative expenses

marketing expenses

the expenses which will be not regular like penalty, miscellaneous expenses

There are many expenses of being a lawyer. These can be monetary expenses as well as emotional expenses of the profession.

when we use laundry and cleaning expenses,meals and entertainment expenses,office expenses,pantry items expenses,travelling expenses etc.. what are the expenses will come each cotogories

Variable expenses are those expenses which vary according to production level while fixed expenses are those expenses which have no effect of production level and remain same.

it is Administative Expenses And Indirect Expenses

Unrecoverable expenses are out of pocket expenses that you cannot obtain reimbursement on

Preliminary expenses are neither administrative expenses nor selling expenses rather these are classified as other assets in balance sheet and amortized over period of life of business.

statutory expenses

estimated expenses are expenses that are not actual or real. it may be more than or less than the ctual expenses

Indirect Expenses are those expenses which are incurred after the manufacturing process is over, e.g. selling and distribution expenses, all the administrative expenses, carraige outward, advertisement expenses because they are related indirectlt with the product manufacturing and sales.

Functional expenses are expenses grouped together according to the

purpose for which the expense occurred. Some examples of this would

be administrative expenses, program expenses, or cost of goods.

Flexible expenses vary over time.

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Out of pocket expenses are business expenses for which the individual who accrues these expenses is not reimbursed by the company they are employed by or from the business itself if they are the business owner.

The expenses those come in the debit side of the Profit & Loss Account of the Company are all indirect expenses.

Expenses are those amounts the benefit of which is already taken by business while prepaid expenses are advance payments for those expenses which company will incur in future.

expenses change

what is outsand expenses

expenses

Expenses are Debit in nature

expenses

Undistribution expenses.

Miscellaneous expenses means small sundry expenses of business while other expenses means expenses which are not directly related to the primary operations of business.

some expenses include applicaton fees and traveling expenses.

Sundry expenses are the expenses of small amount and it is not possible to maintain there detail

Selling Expenses are the expenses directly related to producing sales. Typical Selling Expenses would be Advertising and Salesman's Commissions.

Figure out your income,List your expenses,Categorize your expenses,Determine if expenses are below income, and Reduce expenses in flexible categoris if nessecary.

Figure out your income,List your expenses,Categorize your expenses,Determine if expenses are below income, and Reduce expenses in flexible categoris if nessecary.

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Example of periodic expenses are; Car insurance premium,property taxes, holiday expenses, expenses on certain seasonal activities.

OH Expenses are overhead expenses for a business - such as rent, payroll, telephone etc.

Ideal expenses are those expenses that are theoretical estimated when one is preparing the feasibility report.

expenses/gross

Just divide expenses into gross.

[Debit] Accrued traveling expenses

[Credit] Accrued expenses payable

Utility expenses are recorded in the expenses section of an income statement

ordinary business expenses

Flexible Expenses