1 The above figures place the cost of the addition at $124 per square foot. 2  This pricing structure assumes that carpenters charge an average of $70 per hour, electricians between $65 to $85 per hour, and painters between $20 and $35 per hour.
Generally speaking, this field is what is used to capture the detailed explanation of the business reason behind the expenses that are included on the report. On expense reports that are created using the Business Expenses template, not all expenses on the report may be related to each other.
Investing for Beginners. The next section of the income statement focuses on the operating expenses that arise during the ordinary course of running a business. Operating expenses include everything from employee salaries to the toilet paper in the office restrooms; research and development to electricity bills.