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lakkis [162]
1 year ago
14

Expenses are best defined as: Multiple Choice Amounts owed to creditors. Amounts the owners have invested in the business. Costs

of providing products and services. Distributions to stockholders.
Business
1 answer:
Ket [755]1 year ago
7 0

The best way to describe expenses is as the cost of delivering goods and services.

<h3>What exactly is a cost?</h3>

An expense is a business's operational cost incurred to produce income. It takes money to make money, as the adage goes. Supplier payments, staff salaries, manufacturing leases, and equipment depreciation are examples of frequent costs.

<h3>What are some examples of expenses?</h3>
  • Cost of goods supplied for routine business operations is one example of a common expense.
  • Pay, commissions, and various forms of labor.
  • alterations and upkeep.
  • Rent.
  • utilities (such as heat, air conditioning, lighting, water, and a phone)
  • rates for insurance.
  • Interest that is owed.
  • Bank fees and charges
<h3>Which 5 categories of expenses are there?</h3>

The various expenses include 

  • Cost of Goods Sold.
  • Operating Charges
  • Financial Outlays.
  • Astonishing Charges.
  • Non-operational Costs.
  • Other Expenses.
  • Prepaid Charges.
  • Accrued Costs.

learn more about expenses here

<u>brainly.com/question/5530480</u>

#SPJ4

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The stockholders' equity of Verrecchia Company at December 31, 2013, follows:
liq [111]

Answer:

Verrecchia Company

Financial Statement effects:

1. Jan. 5 Issued 10,000 shares of common stock for $12 cash per share:

Assets (Cash) would increase by $120,000

Equity (Common Stock) would increase by $120,000

2. Jan. 18 Repurchased 4,000 shares of common stock at $15 cash per share.

Assets (Cash) would decrease by $60,000

Equity (Common Stock) would decrease by $60,000

3. Mar. 12 Sold one-fourth of the treasury shares acquired January 18 for $18 cash per share.

Assets (Cash) would increase by $18,000

Equity (Common Stock) would increase by $18,000

4. July 17 Sold 500 shares of the remaining treasury stock for $13 cash per share.

Assets (Cash) would increase by $6,500

Equity (Common Stock) would increase by $6,500

5. Oct. 1 Issued 5,000 shares of 8%, $25 par value preferred stock for $35 cash per share.

Assets (Cash) would increase by $175,000

Equity (Preferred Stock) would increase by $125,000

Equity (Additional Paid-in Capital - Preferred) would increase by $50,000

Explanation:

The Financial Statement effects of each transaction is a reflection of how each transaction affects at least two opposite elements of the financial statement.  Every transaction affects the elements of the financial statement in one way or another, which enables the accounting equation to remain in balance.

For example, a transaction may increase the assets and also increase either the liabilities or equity side of the balance sheet.

In our example, the transactions affected only the balance sheet.  This means that each transaction increases or decreases the assets, liabilities, or equity sections.

5 0
3 years ago
Under __________ requirements, the union must apply the terms of contract equally to all bargaining-unit employees. question 15
aksik [14]

Under mandatory bargaining requirements, the union must apply the terms of contract equally to all bargaining-unit employees. There are different subjects that are available and open for bargaining. Salary, benefits, contract and employment terms are all types of subjects that an employee can bargin to get what they want even if it's not initally offered. All mandatory subects directly impact an employees terms and conditions in a company.

3 0
2 years ago
a costomer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i
jasenka [17]
I would say Sir/ma'am it seems that we are out of stock on that certain item. You can order online the item that you want. If not then can I have your name or phone number to tell you when we have that item again.
Hope this helps :3
8 0
2 years ago
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Yuh going down omg shawty thinks she omg I’m shawty thinks she’s omg
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4 0
3 years ago
Jorge considers himself a risk-averse person. He takes the opportunity to switch to a new job where there are two possible outco
Lunna [17]

Answer:

Jorge is not risk-averse

Explanation:

Risk averse means to reluctant to take risk

Since theres a 80% chance that Jorge will get laid off and end up with a job that will pay him $10000 less is very risky instead where he'll earn $30000 where the chance is 20% that he'll get the job.

5 0
3 years ago
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