Utilities Expense

What is a Utilities Expense

A business utilities expense is a cost a business pays for using the infrastructure provided by public utilities companies, they can include electricity, natural gas, water, sewage, and telephone services.

The utilities expense is based on the amount used during an accounting period, and is included as part of operating expenses in the income statement of the business.

Depending on the size of the utility bill, a business might maintain separate general ledger accounts for each utility, or combine them into one utilities expense account.

Types of Utilities Expense

Typically, utilities expenses includes costs associated with the following:

  • Telephone
  • Electricity
  • Gas
  • Water
  • Broadband
  • Sewage

For further information see the Wikipedia definition.

Learn a new bookkeeping term

Random bookkeeping terms for you to discover.

Link to this page

Click in the box to copy and paste the utilities expense definition link to your site.

Return to the Glossary

Utilities Expense March 23rd, 2016Team

You May Also Like


Related pages


cumulative convertible preferred stockamortised costpercentage markup formulapurchase ledgerspv annuity tablefv annuity calculatorconsumables examplescontribution margin variable costoutstanding salary journal entryfuture value of a lump sum formulaamortization schedule creatorcost accounting fifo methoddefine reversing entrieswhat type of account is unearned revenuejournal entry accrued interestactivity ratio formulasingle column cash book exampleannuity payments calculatorgeneral entries of accounts payableoverstated and understated in accountingpetty cash balance sheetcalculating annuity payments in excelwhat is an accounts payable ledgerdebtor days calculationdeferral definition accountingdepreciation journal entries examplesannual nominal rate calculatorexcel formula for npvt charts for accountingaccounts payable is a debit or creditbond amortization tableday books in accountinggain on sale of investment journal entryaccounting for leases lessorunits of output calculatorformat of a petty cash bookhow to calculate operating leverageprocedure for preparing bank reconciliation statementwhat is fixed asset turnover ratiocapital lease lessoreffective annual rate calculationunrealised gains and losses accounting treatmentnpv for perpetuityasset revaluation reserve journal entriesspreadsheet bookkeepingdu pont equationunpaid salaries adjusting entrygearing ratio debt to equitysap joint venture accountingdouble entry for depreciationbank discount note exampleaccounting markup formulaformula for overhead costbond carrying value formulahow to calculate annuity due on financial calculatorcalculate profitability indexamortized bondssample of adjusting entriespetty cash floatpercentage of sales method bad debtroce ratio calculationequation for gross profit margincontra account listwhat is accrual accounting vs cash accountingbad debt write off journal entrypension accounting journal entriesselling inventory journal entryjournal entry to record depreciationmortgage annuity formulapaid dividends journal entryyearly depreciation formulaexample of process costingdouble entry bookkeeping example questionsstandard cost variance formulapv calculator excelincome statement balance sheet cash flow template excel