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2. How to track business expenses in 6 simple steps - AOL

   www.aol.com/track-business-expenses-6-simple...

   If you need help setting up your spreadsheet, look up Excel expense tracker templates. Business expense tracker apps typically include a range of tools such as receipt scanning and storage ...

3. 35 essential business expense categories for businesses of ...

   www.aol.com/finance/35-essential-business...

   Ramp provides a guide to deductible business expenses, including 35 common expense categories for businesses of any size.

4. Financial statement - Wikipedia

   en.wikipedia.org/wiki/Financial_statement

   Reported assets, liabilities, equity, income and expenses are directly related to an organization's financial position. Financial statements are intended to be understandable by readers who have "a reasonable knowledge of business and economic activities and accounting and who are willing to study the information diligently."

5. Chart of accounts - Wikipedia

   en.wikipedia.org/wiki/Chart_of_accounts

   Expense accounts are used to recognize expenses. Expenses are outflows or other using up of assets of an entity or incurrences of its liabilities (or a combination of both) from delivering or producing goods, rendering services, or carrying out other activities (CF E81). Gain accounts are used to recognize gains. Gains are increases in equity ...

6. Cost of goods sold - Wikipedia

   en.wikipedia.org/wiki/Cost_of_goods_sold

   These costs are treated as an expense in the period the business recognizes income from sale of the goods. [4] Determining costs requires keeping records of goods or materials purchased and any discounts on such purchase. In addition, if the goods are modified, [5] the business must determine the costs incurred in modifying the goods. Such ...

7. Income statement - Wikipedia

   en.wikipedia.org/wiki/Income_statement

   Sankey Diagram - Income Statement (by Adrián Chiogna) An income statement or profit and loss account [1] (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) [2] is one of the financial statements of a company and ...