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Are utility expenses a selling or administrative expense?
an Administrative expense
Is utility expense is a credit or debit?
An increase in any expense is a debit entry, so if your were recording the amount paid for a utility expenditure, the entry would be: Dr Utility expense (representing an addition to this expense account) Cr Cash (representing an outflow (decrease) in cash)
What is a utilities expense?
Usually utilities include gas, electricity, water and sewer, and garbage pick-up. If there is no separate category, you may put phone bills in the utility category but it is better to separate it .
How can you remove delinquent utility bills from your credit report?
You can only remove bills if you pay them or if the bills are listed incorrectly on your credit report. It is best to pay them off and then the bills will not be listed as delinquent.
What type of tax is paid electricity gas and telephone bills?
The answer is: Utility Tax.
What should Utility bills be classifieds as?
An expense
Utility bills should be classified as?
An expense
Is gas for your car considered a utility expense?
It is a transportation expense. A utility expense normally refers to expenses such as sewer, water, electricity, or any other expense that is reoccurring and necessary.
Are utility expenses a selling or administrative expense?
an Administrative expense
Is utility expense is a credit or debit?
An increase in any expense is a debit entry, so if your were recording the amount paid for a utility expenditure, the entry would be: Dr Utility expense (representing an addition to this expense account) Cr Cash (representing an outflow (decrease) in cash)
In addition to rent people who live in apartments often have to pay for insurance?
Utility bills
What is a utilities expense?
Usually utilities include gas, electricity, water and sewer, and garbage pick-up. If there is no separate category, you may put phone bills in the utility category but it is better to separate it .
Where you can pay your utility bills?
At the utility company supplying power and water to your home.
Why does technology make everything more costly?
utility expense, repairs & maintenance, overhead expense, supplies
Does electricity bills come with rent?
Not usually - Utility bills are the responsibility of the tenant.
How do you explain utility bills?
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How can one obtain cheaper utility bills?
There are various ways one can obtain cheaper utility bills. Some ways in which one can obtain cheaper utility bills are installing energy efficient appliances, shutting of lights or other appliances when not in use, and unplugging devices.
