Bank Routing Numbers. Bank Routing Numbers. Bank routing number or routing transit number (RTN) is a nine digit number used to identify financial institution in a transaction. Most common transaction types where routing numbers are used are ACH and wire transfers.
Expense Accounts. In financial accounting, expense is: The consumption of the business' own resources (assets). Examples: consumption of supplies, cash, materials inventory and deterioration of equipment etc. OR. The creation of a liability against the business when it consumes resources from outside.
DEFINITION of 'Selling, General & Administrative Expense-SG&A'. Reported on the income statement, it is the sum of all direct and indirect selling expenses and all general and administrative expenses of a company.Direct selling expenses are expenses that can be directly linked to the sale of a specific unit such as credit, warranty and advertising expenses.eported on the income statement, it is the sum of all direct and indirect selling expenses and all general and administrative expenses of a company.