Money earned from selling goods or services.
Money earned from selling goods or services.
Money earned from selling goods or services.
Purchases include buying raw materials or goods that the business will sell to its customers.
Purchases include buying raw materials or goods that the business will sell to its customers.
Purchases include buying raw materials or goods that the business will sell to its customers.
Purchases include buying raw materials or goods that the business will sell to its customers.
This represents other sources of income for the business apart from its regular sales revenue.
The expenses related to promoting the business, its products, or services to attract more customers.
These are fees charged by banks for providing services, like account maintenance fees or transaction fees.
Some assets, like machinery and equipment, lose value over time due to wear and tear. Depreciation represents a portion of this decrease in value that is recorded as an expense.
The costs of electricity and water used in running the business premises.
These are employee-related expenses that the business incurs.
The expenses related to providing meals or refreshments, especially if it's a business like a restaurant or café.
The costs of insurance coverage for the business and its vehicles.
Expenses incurred for maintaining and repairing office premises.
Expenses related to the maintenance and repair of business vehicles.
Other small and miscellaneous expenses that don't fit into specific categories.
The expenses for fueling business vehicles, toll fees, and parking charges.
The expenses related to sending letters and packages by mail or courier services.
The costs of printing materials and buying office supplies.
Fees paid to external professionals, like accountants, lawyers, or consultants.
The cost of renting the shop or office space for the business.
The salary paid to the owner of the business if it's a sole proprietorship.
Costs associated with subscriptions to magazines, newspapers, or online services.
Expenses for phone and internet services used in the business.
The salaries and wages paid to employees of the business.
Any additional expenses that don't fit into the categories mentioned above.