Jul 16, 2025 · Examples of expenses include rent, utilities, wages, maintenance, depreciation, insurance, and the cost of goods sold. Expenses are usually recurring payments needed to operate a …

Both operating and non-operating expenses are generally recorded on an accrual basis. An accrual basis is a method of recording accounting transactions in which costs are matched with revenues …

The meaning of EXPENSE is financial burden or outlay : cost. How to use expense in a sentence.

An expense is a cost incurred in completing any transaction by an organization that leads to either revenue generation, creation of the asset, change in liability, or raising capital, etc. . It results in …

Aug 3, 2022 · Expenses are a normal and important part of doing business globally. Learn more about what is an expense and different types of expenses with our guide.

Jun 12, 2025 · What is an Expense? An expense is the cost incurred in order to generate revenue or obtain something. An alternative definition is that an expense is the reduction in value of an asset as …

Operating expenses which involve a company’s main activities. A retailer’s operating expenses include the cost of goods sold and its selling, general and administrative expenses.

legal/medical/household expenses [= costs] I'm concerned about the project's hidden expenses. You'll have to pay your own travel/traveling expenses. an all-expenses paid trip [=a journey for which all …

Dec 18, 2024 · Add up the total of all your monthly expenses and subtract that total from your monthly income. That tells you how much you’ll have left after all your planned expenses to spend on other …

Dec 20, 2024 · Expenses are essentially any cost a business incurs in order to generate revenue. Modern companies have to work with dozens or even hundreds of expenses every financial period.