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如何区别expense与 outlay?如题
expense是支出n.花费,开销.outlay是支出账n.the outlay of the expense支出情况的账目.
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1.75亿学生的选择
revenue expenditure 与 capital expenditure 的区别最好可以有例子...
眺描脧绎特
收益性支出,与资本性支出,一项支出其受益期一年以内（包括一年）的为收益性支出,收益期超过一年的为资本性支出.
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扫描下载二维码From Wikipedia, the free encyclopedia
redirects here. For the row about members' expenses in the UK Parliament which started about May 2009, see .
In common usage, an expense or expenditure is an outflow of
to another person or group to pay for an item or service, or for a category of . For a ,
is an expense. For students or parents,
is an expense. Buying food, clothing, furniture or an automobile is often referred to as an expense. An expense is a cost that is "paid" or "remitted", usually in exchange for something of value. Something that seems to cost a great deal is "expensive". Something that seems to cost little is "inexpensive". "Expenses of the table" are expenses of , refreshments, a , etc.
In , expense has a very specific meaning. It is an outflow of cash or other valuable assets from a person or company to another person or company. This outflow of cash is generally one side of a trade for products or services that have equal or better current or future value to the buyer than to the seller. Technically, an expense is an event in which an
is used up or a
is incurred. In terms of the , expenses reduce owners' . The
defines expenses as
...decreases in economic benefits during the accounting period in the form of outflows or depletions of assets or incurrences of liabilities that result in decreases in equity, other than those relating to distributions to equity participants.
In , expenses are recorded as a
to an expense account (an
account) and a
to either an asset account or a liability account, which are
accounts. An expense decreases assets or increases liabilities. Typical business expenses include salaries, utilities, depreciation of capital assets, and interest expense for loans. The purchase of a capital asset such as a building or equipment is not an expense.
In a , expenditures are divided into operating, investing, and financing expenditures.
– salary for employees,...
– buying equipment
An important issue in
is whether a particular expenditure is classified as an expense, which is reported immediately on the business' or whether it is classified as a
or an expenditure subject to , which is not an expense. These latter types of expenditures are reported as expenses when they are depreciated by businesses that use , which is most large businesses and all .
The most common interpretation of whether an expense is of capital or income variety depends upon its term. Viewing an expense as a purchase helps alleviate this distinction. If, soon after the "purchase", that which was expenses holds no value then it is usually identified as an expense. If it retains value soon and long after the purchase, it will be viewed as capital with life that should be / and retained on the .
For tax purposes, the
permits the deduction of business expenses in the For tax payable year in which those expenses are paid or incurred. This is in contrast to
that are paid or incurred to acquire an asset. Expenses are costs that do not acquire, improve, or prolong the life of an asset. For example, a person who buys a new truck for a business would be making a capital expenditure because they have acquired a new business-related asset. This cost could not be deducted in the current taxable year. However, the gas the person buys during that year to fuel that truck would be considered a deductible expense. The cost of purchasing gas does not improve or prolong the life of the truck but simply allows the truck to run.
Even if something qualifies as an expense, it is not necessarily deductible. As a general rule, expenses are deductible if they relate to a taxpayer’s trade or business activity or if the expense is paid or incurred in the production or collection of income from an activity that does not rise to the level of a trade or business (investment activity).
Section 162(a) of the Internal Revenue Code is the deduction provision for business or trade expenses. In order to be a trade or business expense and qualify for a deduction, it must satisfy 5 elements in addition to qualifying as an expense. It must be (1) ordinary and (2) necessary (Welch v. Helvering, 290 U.S. 111, defines this as necessary for the development of the business at least in that they were appropriate and helpful). Expenses paid to preserve one’s reputation do not appear to qualify (Welch v. Helvering). In addition, it must be (3) paid or incurred during the taxable year. It must be paid (4) in carrying on (meaning not prior to the start of a business or in creating it) (5) a trade or business activity. To qualify as a trade or business activity, it must be continuous and regular, and profit must be the primary motive. An expense can be a loss or profit. But loss or profit need not really be an expense.
Section 212 of the Internal Revenue Code is the deduction provision for investment expenses. In addition to being an expense and satisfying elements 1-4 above, expenses are deductible as an investment activity under Section 212 of the Internal Revenue Code if they are (1) for the production or collection of income, (2) for the management, conservation, or maintenance of property held for the production of income, or (3) in connection with the determination, collection, or refund of any tax.
In investing, one
that mounted throughout 2002 and 2003 was whether companies should report the granting of
as an expense on the , or should not report this at all in the income statement, which is what had previously been the norm.
An expense report is a form of document that contains all the expenses that an individual has incurred as a result of the business operation. For example, if the owner of a business travels to another location for a meeting, the cost of travel, the meals, and all other expenses that he/she has incurred may be added to the expense report. Consequently, these expenses will be considered business expenses and are tax deductible.
Many businesses benefit from automated expense reports systems for . Depending on the system chosen, these software solutions can reduce time costs, errors and fraud.
IFRS Framework, F.70
Capital expenditures must recovered over a period of years through depreciation and amortization. See also
For more on this subject, see Donaldson, Samuel A., Federal Income Taxation of Individuals: Cases, Problems and Materials 170-73 (2d ed. 2007).
in Wiktionary, the free dictionary.下载作业帮安装包
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1.75亿学生的选择
expenditure 和expense 和 consumption的区别?
唯爱琦儿_墌
.1*(时间金钱)支出,消耗.费用.2*(精力时间)耗费,s开支.代价.-3*耗费量.毁灭量.
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