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Which of the following is not an expense


Which of the following is not an expense ? (00 : 00). Text Solution ...
Postée : 16 avr. 2021

Which one is not an expenses?

An expense decreases assets or increases liabilities. Typical business expenses include salaries, utilities, depreciation of capital assets, and interest expense for loans. The purchase of a capital asset such as a building or equipment is not an expense.

Which of the following is not an expense answer?

The payment of dividends is not regarded as an expense and the same is thus not disclosed in the income statement.

Which of the following is an expense?

Examples of expenses include rent, utilities, wages, salaries, maintenance, depreciation, insurance, and the cost of goods sold.

What is not an expense in accounting?

Examples of expenditures that will not be an expense in the accounting period in which the payments are made include the purchase of land for a future expansion and the principal portion of a monthly loan payment.


Which of the following is not an expense ? A. Furniture B. Salary C. Rent D. Electricity Expenses class-11 basic-accounting-terms Please log in or register to answer this question. 1 Answer 0 votes answered Apr 17 Somyakumari (120k points) Correct Answer - A ← Prev Question Next Question →




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