What is an Expense? (Financial Accounting)

Share this & earn $10
Edspira
Published at : 22 Oct 2021
25579 views
140
14

This video explains the concept of an Expense in Financial Accounting. Examples of common expenses are provided, and the distinction between expenses and losses is highlighted.

Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com

To like us on Facebook, visit https://www.facebook.com/Edspira

Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael’s life is to increase access to education so all people can achieve their dreams. To learn more about Michael’s story, visit http://www.MichaelMcLaughlin.com

To follow Michael on Facebook, visit
https://facebook.com/Prof.Michael.McLaughlin

To follow Michael on Twitter, visit
https://twitter.com/Prof_McLaughlin—
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education accessible to all people.

SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES
* http://eepurl.com/dIaa5z

HIRE MICHAEL MCLAUGHLIN, PHD, CPA
* https://michaelmclaughlin.com/hire-me

GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* https://edspira.thinkific.com

LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725
* Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc
* Website: https://www.edspira.com/podcast-2/

GET TAX TIPS ON TIKTOK
* https://www.tiktok.com/@prof_mclaughlin

ACCESS INDEX OF VIDEOS
* https://www.edspira.com/index

CONNECT WITH EDSPIRA
* Facebook: https://www.facebook.com/Edspira
* Instagram: https://www.instagram.com/edspiradotcom
* LinkedIn: https://www.linkedin.com/company/edspira

CONNECT WITH MICHAEL
* Twitter: https://www.twitter.com/Prof_McLaughlin
* LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin

ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/

ExpenseFinancial AccountingAccounting

Introduction to Colored Gemstones | Natural and Lab-Grown

Introduction to Colored Gemstones | Natural and Lab-Grown

12 Habits To Manage Home & Work Efficiently | Time Management Tips

12 Habits To Manage Home & Work Efficiently | Time Management Tips

Aitch – Taste (Make It Shake) Official Video

Aitch – Taste (Make It Shake) Official Video

Cook the pork MEAT like at the RESTAURANT! Super SIMPLE recipe

Cook the pork MEAT like at the RESTAURANT! Super SIMPLE recipe

Sleepy Hallow - Bad Luck Instrumental (Remake)

Sleepy Hallow - Bad Luck Instrumental (Remake)

The Academic -  Kids (Don't End Up Like Me) (Track by Track)

The Academic - Kids (Don't End Up Like Me) (Track by Track)

Understanding 4D -- The Tesseract

Understanding 4D -- The Tesseract

50 Cent, Pop Smoke - Candy Shop X Element (TikTok Mashup) [Lyrics]

50 Cent, Pop Smoke - Candy Shop X Element (TikTok Mashup) [Lyrics]

God of War Size Comparison | Biggest Monsters of God of War | Satisfying Video

God of War Size Comparison | Biggest Monsters of God of War | Satisfying Video

Jake Owen - Down To The Honkytonk

Jake Owen - Down To The Honkytonk

Making the Case - 2017 Warriors

Making the Case - 2017 Warriors

Can or Be Able To - Advanced English Grammar

Can or Be Able To - Advanced English Grammar

#OFB DSavv x Akz - Far From Over (Music Video) | Pressplay

#OFB DSavv x Akz - Far From Over (Music Video) | Pressplay

What is Potency? An Introduction

What is Potency? An Introduction

Erdem Gul - Correct (Original Mix)

Erdem Gul - Correct (Original Mix)

The Carter Family 5 | The Grocery Store | Family | Little Fox | Animated Stories for Kids

The Carter Family 5 | The Grocery Store | Family | Little Fox | Animated Stories for Kids

xQc Reacts to The Enduring Mystery of Jack the Ripper | LEMMiNO

xQc Reacts to The Enduring Mystery of Jack the Ripper | LEMMiNO

Monkey Baby Bon Bon and puppy open Yummy Kinder Surprise Egg contain toys and chocolate

Monkey Baby Bon Bon and puppy open Yummy Kinder Surprise Egg contain toys and chocolate

المرأة قبل الإسلام - في الشام

المرأة قبل الإسلام - في الشام

Baudrillard - ideas and concepts

Baudrillard - ideas and concepts

Gundem Voxpop: How many faculties in EMU?

Gundem Voxpop: How many faculties in EMU?

Meet one of the new(ish) designers in the industry, Lauren Bloch!

Meet one of the new(ish) designers in the industry, Lauren Bloch!

Enrique Iglesias - Tired Of Being Sorry (MUSIC VIDEO)

Enrique Iglesias - Tired Of Being Sorry (MUSIC VIDEO)

A Lady

A Lady

iKON - ‘사랑을 했다(LOVE SCENARIO)’ M/V

iKON - ‘사랑을 했다(LOVE SCENARIO)’ M/V

A-Level Maths: B9-13 [Graph Transformations: Examples of Transforming y = x^2]

A-Level Maths: B9-13 [Graph Transformations: Examples of Transforming y = x^2]

Minecraft Battle: LAVA BLOCK HOUSE BASE BUILD CHALLENGE - NOOB vs PRO vs HACKER vs GOD / Animation

Minecraft Battle: LAVA BLOCK HOUSE BASE BUILD CHALLENGE - NOOB vs PRO vs HACKER vs GOD / Animation

柯智棠 Kowen [ It was May ] Official Music Video

柯智棠 Kowen [ It was May ] Official Music Video

Thor - Not Worthy MC Hammer Parody

Thor - Not Worthy MC Hammer Parody

Visual Merchandising Basics

Visual Merchandising Basics

Lady in the House, her Responsibilities & Ambitions  | Amrita Duhan | TEDxMansaroverPark

Lady in the House, her Responsibilities & Ambitions | Amrita Duhan | TEDxMansaroverPark

Introducing reMarkable 2 — the paper tablet

Introducing reMarkable 2 — the paper tablet

Music Like Tame Impala | Vol. 2 | Similar Artists Playlist

Music Like Tame Impala | Vol. 2 | Similar Artists Playlist

Trulifi - Starter kit unboxing

Trulifi - Starter kit unboxing

Calvin Harris - Thinking About You ft. Ayah Marar

Calvin Harris - Thinking About You ft. Ayah Marar

[Playlist] 월요일 안녕?ㅣ축 처지는 기분을 바꿔줄 Refresh Popㅣfresh up daily pop 🍀

[Playlist] 월요일 안녕?ㅣ축 처지는 기분을 바꿔줄 Refresh Popㅣfresh up daily pop 🍀

Dangbana Republik & Bella Shmurda - World (Official Video)

Dangbana Republik & Bella Shmurda - World (Official Video)

The Soldiers

The Soldiers

🍋🌟 GORGEOUS AND TRENDY HAIRSTYLES 🍋🌟 2021 NEW CURLY HAIRSTYLES 🍋🌟

🍋🌟 GORGEOUS AND TRENDY HAIRSTYLES 🍋🌟 2021 NEW CURLY HAIRSTYLES 🍋🌟

Dj Killer x David Tango - Anything

Dj Killer x David Tango - Anything

[Phrasal Verb Practice] FIGURE OUT vs FIND OUT: Advanced English Vocabulary

[Phrasal Verb Practice] FIGURE OUT vs FIND OUT: Advanced English Vocabulary

Charlie Puth - Attention (Lyrics)

Charlie Puth - Attention (Lyrics)

I dressed up for today to pick some abalones (Paik Jong-won Class) | KBS WORLD TV 210909

I dressed up for today to pick some abalones (Paik Jong-won Class) | KBS WORLD TV 210909

Grant - Wishes (feat. McCall) [Monstercat Official Music Video]

Grant - Wishes (feat. McCall) [Monstercat Official Music Video]

Every Person who carries a gun Should Learn This from Aviation

Every Person who carries a gun Should Learn This from Aviation

Pondering - Live alone die alone (Audio)

Pondering - Live alone die alone (Audio)

Cabins Many Great Features Keep You Warm, Secure and Comfortable, As Recommended By Customers

Cabins Many Great Features Keep You Warm, Secure and Comfortable, As Recommended By Customers

A Shark with Scoliosis

A Shark with Scoliosis

Drake - Toosie Slide (Official Music Video)

Drake - Toosie Slide (Official Music Video)