Expenses in accounting Expenses is ____ refer to the ____ incurred by bussines or individual in the ____ of generating revenue. the expenses are ____ and ____ in financial statements to assess the ____ health and performance of the entity. Here is summary of the different ____ of expenses. 1. ____ : this incluye income taxes, ____ , property taxes, and any other taxes applicable to the bussiness or individual. 2. OPERANTING EXPENSES: theses are the ongoing cost ____ to ____ , such such as rent, ____ , salaries, marketing expenses, and office supplies. Its crucial for bussiness to accurately track and analyze theur expenses to ensure financial stability and make informed decisions. sales taxes bussiness direct salaries crucial financial

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