Recent content by jenny

A payslip (or salary slip/pay stub) is a document employers provide to employees detailing their earnings and deductions for a specific pay period. It itemizes gross pay, taxes, contributions (e.g., to provident fund, insurance), and the final net pay received. It serves as proof of income and...

Yes, depreciation is generally considered an operating expense. It reflects the gradual consumption of a fixed asset (like machinery or equipment) used in a company's day-to-day core business operations. While it's a non-cash expense, meaning no cash is exchanged when it's recorded, it's crucial...