What are expense accounts
[DOCX File]Chart of Accounts - Criteria for Financial Reporting
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Chart of Accounts - Criteria for Financial Reporting. This section describes the general requirements for reporting revenue and expenditure data from school committee appropriation, municipal spending in support of schools, revolving and special funds and state and federal grants and contracts.
[DOC File]SUMMARY OF ACCOUNTING BASICS - Washburn University
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Advertising Expense Operating expense Debit Income statement Allowance for Doubtful Accounts Current asset Credit Balance sheet Amortization Expense Operating expense Debit Income statement Appropriation for _____ Stockholders’ equity Credit Retained earnings statement/ Balance sheet Bonds Payable Long-term liability Credit Balance sheet
[DOC File]¶342 Expenses Classified by Function
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Interest expense on working capital loans is recorded with other interest expense and is not recorded as institutional support. In addition, bad debt expense for student and other accounts receivables is recorded as a reduction in the specific revenue source rather than as an expense…
[DOCX File]0207-01.3F Expense Accounts Request Form
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Suggested Expense Account Number: Enter the account number the agency would like to request. The account number is a six-digit number. This will be verified for accuracy by General Accounting at MMB against the SWIFT accounts listing. Expense Account Name: Expense Account name in …
[DOC File]HOTEL EXPENSE ACCOUNTING
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HOTEL EXPENSE ACCOUNTING. In the accounting terminology, expense is an income statement account representing the cost of items consumed in the process of generating revenue (ex. Cost of Goods Sold) or that expires due to the passage of time (ex. Depreciation Expense).
[DOC File]Customer Order Process in SAP R/3 - Temple MIS
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accounts are used to track the income and expenses of the company. Revenue . accounts record revenues obtained from selling goods and services to customers. Expense . accounts represent money spent to produce the goods and services, like salaries, materials purchases and overhead, selling and administrative expenses. At the end of the fiscal ...
[DOC File]CHART OF ACCOUNTS – DAYCARE
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EXPENSE ACCOUNTS *ADVERTISING *AUTO-Loan interest paid for the year.-Gas/Repairs.-Keep track of mileage in a notebook or calendar kept in your car. Write down odometer readings at the beginning and end of each year and at least once a month when you fill your car with gas. *CONTRACT LABOR
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