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Which of the following is an example of an expense?
Selling lemonade
Earning an allowance
Depositing money in a savings account
Buying lemons and sugar
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Buying lemons and sugar
An expense is money spent to operate or produce something — buying supplies for the lemonade (lemons and sugar) is an expense.
An expense is money spent to operate or produce something — buying supplies for the lemonade (lemons and sugar) is an expense.
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