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Insurance companies only reimburse rental costs for covered accidents, not mechanical issues. You usually need comprehensive and collision coverage to get rental reimbursement added to your policy. The rental cost of a building used in manufacturing is part of manufacturing overhead. Depending on your policy, rental reimbursement coverage may also apply to vehicles you don’t own that are involved ...

In summary, an expense represents the cost incurred in generating revenue during a specific period, recorded when the payment is made. An accrued expense represents an expense that has been incurred but not yet paid, recognized in the accounting period it is incurred, and recorded as a liability until it is paid. Expenses reduce the company’s net income and are reflected on the income statement, w...

Essentially, CFDs are used by investors to make price bets as to whether the price of the underlying asset or security will rise or fall. A contract for differences (CFD) is an arrangement made in financial derivatives trading where the differences in the settlement between the open and closing trade prices are cash-settled. Suppose that a stock has an ask price of $25.26 and the trader buys 100 s...