The name Misael is ranked on the 6,938th position of the most used names. It means that this name is commonly used. We estimate that there are at least 40100 persons in the world having this name which is around 0.001% of the population. The name Misael has six characters.
As expense is an element of the income statement, it is calculated over the entire accounting period (usually one year) unlike balance sheet items which are calculated specifically for the year end date.
Expenses may be in the form of actual câ¦ash payments (such as wages and salaries), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts). . Expenses are summarized and charged in the income statement as deductions from the income before assessing income tax. . Whereas all expenses are costs, not all costs (such as those incurred in acquisition of income generating assets) are expenses.