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What else can I help you with?
What is non recurring expenses?
It is an expense that doesn't happen on a regular basis. For example, the electric bill would be an expense that would recurr every month. If you were to have a company picnic one year, that would be a non-rerurring expense.
An adjusting entry would adjust an expense account so the expense is reported when incurred?
True
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.
What is the entry to close the depreciation expense account would include a debit of?
To close the depreciation expense account, the entry would include a debit to the Income Summary account. The corresponding credit would be made to the depreciation expense account, effectively zeroing it out for the period. This entry reflects the transfer of the expense to the Income Summary, where it will ultimately affect the net income calculation for the period.
Does repair and maintenance have a debit or credit balance?
Repair and Maintenance would be an "expense" all expense maintain a debit balance.
What expense classification would bad debt expense be listed under?
Admin expense
What is a non monetary expense?
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.
What are the names of some companies that offer business insurance that includes errors and omissions?
Having business insurance is vital. i would suggest taht you contact American Famaily insurance.
What would the journal entry be if a company incurred an expense?
There may be more than one way to record an expense. The easiest journal to think about is when you've used cash to pay for the expense. In that case, you would debit an expense account and credit cash. But, if you've received the benefit of an expense but have not yet paid for it the debit would still be the expense account but the credit would be a liability account. Of course, there are times when cash flows but no expense is recognized such as investments in property, plant and equipment. After that expenditure is made you would recognize periodic expenses in the form of depreciation. That would be a debit to depreciation expense and a credit to accumulated depreciation.
Which would not be an expense for a candidate running for national office?
Salary for the candidate would not be an expense since the candidate does not receive a salary.
Which would not be a an expense for a candidate running for a national office?
Salary for the candidate would not be an expense since the candidate does not receive a salary.
.Which would not be an expense for a candidate running for a national office?
Salary for the candidate would not be an expense since the candidate does not receive a salary.
Would costs incurred for advertising be considered revenue or expense?
it is considered as a deferred expense.
What is non recurring expenses?
It is an expense that doesn't happen on a regular basis. For example, the electric bill would be an expense that would recurr every month. If you were to have a company picnic one year, that would be a non-rerurring expense.
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.
What would you consider to be the biggest risk to people using DSE for a large percentage of their working day?
eye sight problem
What size kids would you wear if wore a womwns xsmall?
guessing childrens large or xlarge....the biggest size they have in chldren.
