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Expense Account শব্দের বাংলা অর্থ: দামী হিসাব
Expense Account Meaning In Bengali দামী হিসাব
Expense Account
Definition
1) An expense account is a financial account that tracks and records expenditures made by an individual or organization for business purposes. These expenses are typically reimbursed by the employer as part of the employee's compensation package.
2) In the context of accounting, an expense account is a category in a company's financial statements that represents funds spent on goods or services necessary for the operation of the business. Examples of common expense accounts include rent, utilities, and office supplies.
3) An expense account can also refer to a specific designated fund set aside by an individual or organization for the purpose of covering work-related costs. This fund helps to track and manage spending on business-related activities, such as travel, meals, and client entertainment.
Examples
Expense Account Example in a sentence
1) The executive used his expense account to cover the cost of his business trip.
2) Employees are required to keep receipts when using their expense accounts for reimbursement.
3) Misusing the expense account is against company policy and could result in disciplinary action.
4) Managers are responsible for approving expenses submitted through their team's expense accounts.
5) An audit revealed discrepancies in the CEO's expense account, leading to an investigation.
6) The sales team often uses their expense accounts to entertain clients over lunch.
7) The company imposes limits on what can be charged to an employee's expense account.
8) Expenses related to office supplies can be charged to the general expense account.
9) It's important to track and categorize expenses properly when using an expense account.
10) She was grateful for her employer's generous expense account policy, which made business travel more comfortable.
Part of Speech
Expense Account (Noun)
Synonyms
Encyclopedia
An expense account is a financial account that tracks and records expenditures made by an individual or organization for business purposes. These expenses are typically reimbursed by the employer as part of the employee's compensation package.
In the context of accounting, an expense account is a category in a company's financial statements that represents funds spent on goods or services necessary for the operation of the business. Examples of common expense accounts include rent, utilities, and office supplies.
An expense account can also refer to a specific designated fund set aside by an individual or organization for the purpose of covering work-related costs. This fund helps to track and manage spending on business-related activities, such as travel, meals, and client entertainment.
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