solved 1. Make a PowerPoint to explain the following topic Expenses:

1. Make a PowerPoint to explain the following topic
Expenses:
?  Clarify the term expense
?  Outline some examples of expenses
?  Explain why businesses need expenses to operate (use a business example) 
2. Outcomes Assessed:
K1.  the nature and functions of financial accounting
K2.  recording processes and the different needs that various businesses and stakeholders have for accounting services
K3.  the nature, components and structure of financial statements and reports
K4.  the use of accounting principles
U1.  the nature of accounting and its use in business and societ
U2.  the language and terminology used by accountants
S1.  apply basic accounting methods and procedures appropriately
S2.  correctly record and classify accounting data to prepare appropriate financial reports
S3.  apply mathematical concepts appropriately in business situations