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 a distribution of profits to shareholders and are not considered an expense. B, C, and D are all expenses incurred by a business.

Which of the Following Is NOT an Expense