Charged to an expense account, fully reducing reported profit of that year, as is appropriate for expenditures for items with useful lives under one year.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). expensed. Retrieved September 21, 2026, from http://smartdefine.org/expensed/definitions/1153465 |
| Chicago | Barry Goldsmith. 2010. "expensed" http://smartdefine.org/expensed/definitions/1153465 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, expensed, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/expensed/definitions/1153465>. |
| MLA | Barry Goldsmith. "expensed" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/expensed/definitions/1153465> |