Examlex
Which of the following is an example of a sustaining expectation effect?
Supplies
Materials and items consumed or used in the day-to-day operations of a business but not directly tied to the products manufactured.
Utilities Expense
The cost incurred by a business for basic services such as electricity, water, gas, and sewage during an accounting period.
Owner's Equity
The residual interest in the assets of a business after deducting liabilities, representing the ownership value.
Liabilities
Financial obligations or debts a company owes to external parties or entities.
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