13、rital status: (Single)(Educational background):Denver University, Denver, ColoradoBachelor of Science, Marketing and Management, 20062009(Work experience):Director of Sales and Marketing 1/2013Present, R & Y CompanyResponsibilities:Leadership, direction and management of 9 sales and customer ser ...
Definition:An expense is the cost of an asset used by a company in its operations to produce revenues. In other words, an expense is the use of assets to create sales. Notice that I didn’t say it’s the amount of money spent to generate sales. Expenses are created when an asset is...
The sales on credit are recorded with a debit to Accounts Receivable and a credit to Sales. Related Questions How do I calculate the amount of sales tax that is included in total receipts? What is net sales? Is sales tax an expense or a liability? Are the sales taxes part of a ...
(1) Sales tax is an expenseWhich of the following statements about sales tax is/are true? (1) Sales tax is an expense to the ultimate consumer of the goods purchased (2) Sales tax is recorded as income in the accounts of the entity selling the goods A、1 only B、2 only C、Both ...
country offices, whereby an increased proportionofthese expenses arefunded directly from fundraising proceeds hence lessening [...] daccess-ods.un.org daccess-ods.un.org 国家办事处筹资费用减少是由于努力进行国家办事处自我维持筹资,即 其中更多费用直接由筹资收入支付,从而减轻本组织经常资源的负担。
Depreciation:Depreciationmeans the gradual reduction in the value of an asset over time, such as a building or equipment. Interest on loans:The cost of borrowing money to finance the business. Taxes: Taxes include the various taxes that a business must pay, such as income tax,sales tax, and...
Broadly speaking, though, a valid expense receipt can be a sales receipt (physical or digital) or an invoice that clearly displays: The sellers name The date of the transaction The amount paid A description of the goods or services provided Why expense receipts matter Expense receipts are cr...
aExpense processed or paid in advance is referred to as expense prepaid. Alternative terms are: prepaid expense, prepayment or prepayment or expense. 事先被处理或被支付的费用指预付的费用。 供选择的期限是: 预付的费用、先付或者先付或者费用。[translate]...
Administrative expenses are costs an organization incurs that aren't directly tied to a specific function such as manufacturing, production, or sales.
a company using the cash basis records the expense when it pays the invoice. Under the accrual method, the business accountant would record the carpet cleaning expense when the company receives the service. Expenses are generally recorded on an accrual basis, ensuring that they match ...