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Should the aspect of expense and time be considered in creativity projects?
Wiki User
∙ 12y ago
Wiki User
∙ 9y agoIf one wishes to make money doing creative projects, then time and expense should be considered. Operating a craft business is just like operating any other business when it comes to calculation of profits and pricing.
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Should aspects of expense and time be considered in creativity projects?
If one wishes to make money doing creative projects, then time and expense should be considered. Operating a craft business is just like operating any other business when it comes to calculation of profits and pricing.
Insurance an asset or expense?
Insurance is an expense, it should never be considered an asset. That is why cash-value policies are not recommended. Stick with simple term insurance and you will save money.
Restructuring charges be classified as an operating expense or as a nonoperating expense?
Should restructuring charges be classified as an operating expense or as a nonoperating expense?
Where to post bad debt expense on income statement?
It should be posted under operating expense.
How does prepaid expense and accrued expense affect the profit of a business?
it will either increase or decrease profit. Prepaid expense should increase profit as the amount has been overstated.
Should aspects of expense and time be considered in creativity projects?
If one wishes to make money doing creative projects, then time and expense should be considered. Operating a craft business is just like operating any other business when it comes to calculation of profits and pricing.
Should investments be listed under expense or revenue in an income statement?
The money that you invest should be counted as an expense. The income from your investment would be considered revenue.
Insurance an asset or expense?
Insurance is an expense, it should never be considered an asset. That is why cash-value policies are not recommended. Stick with simple term insurance and you will save money.
Rent expense cost of sales?
Rent expense is considered an overhead cost, not a cost of sales since it does not directly relate to the merchandise you are selling. Any prepaid rent (such as at the beginning of the month) should receive a journal entry debit to an account called prepaid rent, and at the end of the month should be credited to rent expense. Hope this helps.
Restructuring charges be classified as an operating expense or as a nonoperating expense?
Should restructuring charges be classified as an operating expense or as a nonoperating expense?
Does health insurance usually cover Alcoholism Rehabilitation?
Alcoholism is usually considered a disease and rehab is usually considered a necessary medical expense. So your insurance should cover it. However you should read your policy and check to be sure.
Is business correspondence considered to be intellectual property?
Correspondence made entirely of facts, such as sales charts, may not be copyrightable, but anything requiring creativity or originality should be.
Unused fees on credit line should be operating expenses or interest expense?
Interest Expense
Where to post bad debt expense on income statement?
It should be posted under operating expense.
What should Utility bills be classifieds as?
An expense
Utility bills should be classified as?
An expense
Why should everyone celebrate creativity?
Because its good to be creative.
