what account title represent the cost being incurred by the business in generating revenues
A. Assets
B. Expense
C. Liabilities
D. Revenues
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what account title represent the cost being incurred by the business in generating revenues
A. Assets
B. Expense
C. Liabilities
D. Revenues
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B. Expense
Costs of day to day running of a business are called expenses and are put/ listed down under an expense account from an accounting standpoint.