Match the following terms with the definitions.
Definitions:
Advertising Expense
Advertising expense is the cost incurred in promoting products or services through various media to increase sales.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit, which is charged as an expense on the income statement.
Utility Bill
A regular invoice for essential services such as electricity, water, gas, or telecommunications provided to individuals or businesses.
Journal Entries
The record of financial transactions as they occur, detailing the accounts that are affected and in what way.
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