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What else can I help you with?
Is warranty expense a current or non-current asset?
An expense is not an asset at all.
Is supplies expense a liability or asset?
Supplies expense is neither an asset nor a liability it is an expense. Prepaid supplies would be an example of an asset and as the supplies are used they become expenses, supplies expense.
Is rent expense an asset or liability?
Its an asset.
Is sales revenue an expense or asset?
Sales is a revenue not an expense or asset while difference between sales and expense is profit which is liability for business.
What type of account is utilities expense?
Utilities expense is classified as an operating expense on a company's income statement. It represents the costs incurred for utilities such as electricity, water, and gas used in the course of business operations. As an expense, it reduces the company's net income and is typically recorded in the period it is incurred.
Is depreciation expense an asset or liability?
Depreciation expense is neither an asset or liability. It is an expense.
When do you expense an asset?
preliminary expense is the expense for fitting the asset or similar works, so this expenses capitalized.... and is called fixed asset
Is warranty expense a current or non-current asset?
An expense is not an asset at all.
Is expense a asset or liability?
Supplies expense is neither an asset nor a liability it is an expense. Prepaid supplies would be an example of an asset and as the supplies are used they become expenses, supplies expense.
Is supplies expense a liability or asset?
Supplies expense is neither an asset nor a liability it is an expense. Prepaid supplies would be an example of an asset and as the supplies are used they become expenses, supplies expense.
Is rent expense an asset or liability?
Its an asset.
Is salary an expense?
Yes. No , Its not a Expense. Its an Asset.
Which of these is an example of a variable expense?
Utilities
Is sales revenue an expense or asset?
Sales is a revenue not an expense or asset while difference between sales and expense is profit which is liability for business.
What type of account is utilities expense?
Utilities expense is classified as an operating expense on a company's income statement. It represents the costs incurred for utilities such as electricity, water, and gas used in the course of business operations. As an expense, it reduces the company's net income and is typically recorded in the period it is incurred.
Is freight a current asset or non current asset?
it is a expense
What does an asset expense relationship exist with?
prepaid expense adjusting entries
