MIXED EXPENSES
\mˈɪkst ɛkspˈɛnsɪz], \mˈɪkst ɛkspˈɛnsɪz], \m_ˈɪ_k_s_t ɛ_k_s_p_ˈɛ_n_s_ɪ_z]\
Sort: Oldest first
-
An expense against a tangible and an intangible asset. A charge must be broken down to reflect separate assets when a tangible and intangible asset cost must be allocated to one account. An example is a salary for a salesman and the price for the salesman's car gas are allocated to separate accounts.
By Henry Campbell Black