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14-10-2020
Mathematics

contestada

Why is College savings classified as a fixed expense?

Respuesta :

zacmiller27571 zacmiller27571

14-10-2020

Well, college SAVINGS should not even be in an expense category given that they are an asset that has yet to be used. And it should’nt be considered a fixed expense given that debt is a temporary expense in itself.

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