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What is the difference between miscellaneous expense and other expenses?
Miscellaneous expenses means small sundry expenses of business while other expenses means expenses which are not directly related to the primary operations of business.
What are expences?
Expenses are things that cost a person money on a regular basis. Some examples of expenses are, electric bill, car payment, clothes, and food.
Matching revenues and expenses refers to?
Matching revenues and expenses is called "Matching concept" of Accounting.
What is the difference amount of expense over income called when income exceeds expense?
Expenses more than income is called "Loss" Income over expenses called "Profit"
What is it called when your expenses exceed your income?
UNSUCCESSFUL
What is irregular expenses?
the expenses which will be not regular like penalty, miscellaneous expenses
What is the difference between miscellaneous expense and other expenses?
Miscellaneous expenses means small sundry expenses of business while other expenses means expenses which are not directly related to the primary operations of business.
What are expenses such as rent heat water electricity called in economics?
operating expenses
Expenses that have been incurred but not recorded in the accounts?
Expenses incurred but not yet paid or recorded are called accrued expenses.
What are expences?
Expenses are things that cost a person money on a regular basis. Some examples of expenses are, electric bill, car payment, clothes, and food.
What is meant by Pre and Post hospitalization?
Expenses before hospitalization is called Pre-Hospitalization expenses and expenses after discharge from the hospital are called Post-Hospitalization expenses. Usually 30 days pre-hospitalization and 60 days post hospitalization expenses are covered under mediclaim policies.
What is the money that is left over after all of the business expenses are paid called?
ProfitMoney that is left after all business expenses are paid is called profit.
Matching revenues and expenses refers to?
Matching revenues and expenses is called "Matching concept" of Accounting.
What is it called when your income outweighs your expenses?
Lucky!
What is it called when your expenses exceed your income?
UNSUCCESSFUL
What is the difference amount of expense over income called when income exceeds expense?
Expenses more than income is called "Loss" Income over expenses called "Profit"
Distinguish between outstanding expenses and unexpired expenses?
Those expenses which have been paid in advance and whose benefit will be available in future are called unexpired or prepaid expenses. e.g. insurance premium The expenses remaining unpaid at the end of the accounting period are called outstanding expenses.Certainly expenses like salaries,rent etc. of the every month will be paid in the next months. By ADITYA (UPES)
