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An Example Of An Expense Is. Examples of Expenses A few examples of the many expenses that a company incurs in earning revenues are: Cost of goods sold Sales commissions expense Delivery Definition of Expense. As new medical technologies sent expenses on an upward spiral, small provincial hospitals, largely funded by small private bequests, could not keep up.

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For students or parents, tuition is an expense. Include business expenses under the revenue And, if you have an expense for something that is used partly for business and personal reasons, you can For example, set up a separate home office space for the home office deduction. Operating expenses are costs expended by a small company by each of its different departments to produce a product or services for customers.

Expenses like rent, insurance, payment on loans, management salaries, advertising are examples of fixed costs.

All of these costs are reported on the income statement at the end of an accounting.

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It was not a fortune but would help to cover household expenses. Expense definition: Expense is the money that something costs you or that you need to spend in order to do. For example, your grocery bill can differ from month to month, which makes it variable, but it is not discretionary because it's not an expense you can do.

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