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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.

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Kieran Crist

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3y ago

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Should the aspect 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.


Would costs incurred for advertising be considered revenue or expense?

it is considered as a deferred expense.


Are common stocks considered an expense?

Common stocks are indeed considered an expense. However, if the company from which the stock is issued is not profitable, it could be considered a liability.


Is withdrawal considered a miscellaneous expense?

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Which of these is considered a fixed expense?

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In accounting an expense activity requiring someone to spend money. For instance, paying employees is considered an expense to businesses.


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Is temporary employment considered a payroll expense?

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Which of these are considered a luxury because of their expense?

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What type of expense is a software subscription?

A software subscription is considered an ongoing operational expense for a business.


Is childcare considered a business expense?

Yes, childcare can be considered a business expense for self-employed individuals or business owners if it is necessary for the operation of the business.