Outrageously Funny Word Dictionary :: Contributable

👉 In accounting, a contribution is an expense that can be deducted from income or expenses. It's considered a liability in financial statements if it's paid back by the company. For example, let's say you pay $10 for your car insurance each month. You might consider this as a contribution to your income because it's not directly related to your business operations but still needs to be reported and accounted for. In accounting, a liability is typically considered an obligation that must be paid back by the

contributable