When does a cost become an expense? Do all costs become expenses?


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When does a cost become an expense? Do all costs become expenses? 1 answer below » 1. When does a cost become an expense? Do all costs become expenses? 2. How and when is the cost of the supplies used recognized in an accounting period? 3. What does the term expense mean? 4. What does the term revenue mean? 5. What is the purpose of the statement of changes in stockholders’ equity? 6. What is the main purpose of the balance sheet? Jul 24 2014 07:51 AM

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