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Selling expense is any type of expense incurred to try to sell an item. Advertising, holding fees, and the purchase price that you paid for the item are all selling expenses.
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What are some examples of information?
Some of the different examples of information are reports. Photographs give you information, as well as people telling you things verbally.
What is the meaning of outstanding expenses?
it is an overdue expense or in some cases a big expense...
What is the definition of functional expenses?
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.
How do you calculate gross equity?
Owner's Equity = Contributed Capital ± Retained Earnings Contributed capital is money that has been contributed to a company by its owners or by a direct investment made by stockholders in a corporation. A company would have stockholders if that company sells shares or stock. Retained earnings is a companys' accumulated profits that have been put back or reinvested into the company. Some examples of retained earnings are supplies expense, rent expense, wages expense, interest expense, utilities expense, sales revenue, cost of goods sold, and depreciation expense. A return on equity (ROE) is the net income divided by stockholders' equity. Assets = Liabilities + Owners Equity
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Inadmissible expenses are expense not allowed for deducting from some figure for arriving on some acceptable figure e.g for taxation purposes depreciation is an inadmissible expense.
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Monetary expense is basically a cash-money expense, so a non-monetary expense is an expense that isn't money. Some examples would be physical or personal expense.
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