<p style="text-align: center;"><strong>Expense Account</strong><strong></strong></p>
<p style="text-align: left;">Categorizes money spent in the course of normal business operations, such as:</p>
<ul>
<li style="text-align: left;">Advertising and promotion</li>
<li style="text-align: left;">Office supplies</li>
<li style="text-align: left;">Insurance</li>
<li style="text-align: left;">Legal fees</li>
<li style="text-align: left;">Charitable contributions</li>
<li style="text-align: left;">Rent</li>
</ul>