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Expenses Pie Chart

Expenses Pie Chart - Expenses are the costs a business has to pay for to operate and make money. An expense is a type of expenditure that flows through the income statement and is deducted from revenue to arrive at. You'll have to pay your own travel/traveling expenses. An expense is the cost incurred in order to generate revenue or obtain something. This includes money spent on items such as rent, office supplies, and salaries for employees. In this blog, we will see what expenses are, how they are recorded, and the various types of expenses, along with an example for better understanding. Expense is the cost of running a business. Businesses incur various types of expenses. We need to find a way to control expenses. 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.

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