Office Supplies: Assets, Liabilities, Or Expenses?
Office Supplies: Assets, Liabilities, or Expenses? Copy paper, toner cartridges, and stationery items can be viewed as assets because they are used in the normal course of business and can be used again. Likewise, miscellaneous desk supplies, such as pens, pencils, and paperclips, can be viewed as an asset because they are typically used multiple … Read more