Which of the following is NOT an expense?
A) dividends declared
B) amount owed to electrician to be paid in the next period
C) cost of goods sold
D) wages.

Name: Which of the following is NOT an expense? A) dividends declared B) amount owed to electrician to be paid in the next period C) cost of goods sold D) wages.
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Question

Quizplus · Accepted Answer

Dividends declared are not an expense, but rather a distribution of profits to shareholders. The other options are all expenses.

Which of the Following Is NOT an Expense