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Sagot :
Telephone expense exists as the cost associated with all landlines, fax lines, and cell phones during a use duration. The telephone bill is expense increasing.
Is an expense an increase or decrease?
Expense enlargements exist documented with debit and declines exist documented with a credit. Transactions to expense accounts will be especially debited, as expense totals exists constantly rising. The ending balance for an expenditure account will be a debit. Under cash basis accounting, expenses exist documented when cash exists paid.
Telephone expense exists as the cost associated with all landlines, fax lines, and cell phones during a use duration. If a cost exists incurred in advance, then it stands initially registered as a prepaid expense, and subsequently identified as a telephone expense in the time in which the service exists utilized.
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