The located in San Francisco may have a budgetary deficit expenditure.
Expenses are simply another word for cost. The operational costs that are incurred to generate business revenues are referred to as expenses in accounting.This phrase alludes to the exchange of money for goods or services. The total of all the tasks that typically generate revenue might alternatively be stated as expenses.
An expense that will be useful across a number of accounting periods in the future is referred to as an asset. If a cost does not serve this purpose, it is instead regarded as a cost. As an illustration, a business pays its energy bill.
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