Expenses Definition - What are Expenses?

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Accounting Instruction, Help, & How To
Published at : 11 Oct 2021
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Expenses definition with discussion of key components in the definition and examples to illustrate the term if expenses. The definition of expenses: Outflows or using up of assets as part of operations of a business to generate sales/revenue. Expenses are what the business consumes in order to achieve the goal of generating revenue.
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