you says expense is to creat more income, the same is true the cost for row material is to create more income...could you justifying...this controversial condition?
2026-08-06 17:10:43
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yimenusileshhai74 :
how to work level 4 aparet
2026-08-06 17:40:58
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Asamenaw Belete :
In accounting there is also transportation cost and it also applied to transportation expense since it used as a service.
2026-08-06 15:56:31
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𝙷𝚄𝚁𝚄𝙼𝙰 𝙱𝙴𝚂𝙷𝙰𝙳𝙰 :
Cost is capitalized, when it is incurred, whereas expense is imediatly expensed!
Generally expense is an expired cost!
2026-08-06 09:36:33
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ananiya874 :
you explain it with a clear example,
2026-08-06 15:25:32
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TIN :
cost is an asset which has future benefit, but expense is an expired cost with no future benefit•