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IT and Software Expense

by Online Tutorial & Training Guide | Sep 9, 2025 | Chart of Accounts, Expenses, Terminologies

Covers software subscriptions, licenses, and IT support services. Increasingly significant due to digital transformation. Treated as recurring operating costs.

  • Accrued Interest Receivable
  • Payroll Liabilities
  • Intangible Assets
  • Deferred Tax Liabilities
  • Bonds Payable
  • Office Supplies Expense
  • KPIs (Key Performance Indicators)
  • Personal Funds Invested
  • Excise Tax
  • Working Papers

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