Assertion: expense | /r/HasProperty | incurred by business
Facets:
value: in a for-profit transaction
type: OTHER
Source sentences:
text: Under the accrual method of accounting, an expense is recorded when it is incurred by a business (which might differ from when cash actually changes hand).
text: In most cases, you can claim a deduction or credit only if the repayment qualifies as an expense or loss incurred in your trade or business or in a for-profit transaction.