Question

example offindamenatl acconting

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Answer 1

Answer:

Expenses result in decrease in assets or increase in liabilities, and decrease in capital other than those arising from withdrawals of the owner/s. Some examples are: Cost of Sales, Salaries Expense, Rent Expense, Utilities Expense, Delivery Expense, and others.

Answer 2

Answer:

Basic Accounting examples

Expenses result in decrease in assets or increase in liabilities, and decrease in capital other than those arising from withdrawals of the owner/s. Some examples are: Cost of Sales, Salaries Expense, Rent Expense, Utilities Expense, Delivery Expense, and others.