Wednesday, October 10, 2007

Expense Accounts

A list of typical expenses found in accounting work. Expenses have a normal debit balance and get debited when they increase. Credit them to decrease the expense.

Advertising Expense
Amortization Expense
Depletion Expense
Income Tax Expense
Insurance Expense
Interest Expense
Loss on Disposal of Fixed Assets
Loss on Redemption of Bonds
Loss on Sale of Investments
Payroll Tax Expense
Pension Expense
Rent Expense
Salaries Expense
Supplies Expense
Transportation Out
Uncollectible Accounts Expense
Utilities Expense
Vacation Pay Expense

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