Miscellaneous Expenses: A Business Owners Guide

This is because miscellaneous expenses are irregular and unforeseen and do not fit any budgetary allowance. These expenses can be included in the miscellaneous expenses account. The company incurs miscellaneous expenses during a specific https://www.bookstime.com/ accounting period. These are small values and are not important enough for a separate ledger account. Record Expenses Digitally While most costs […]