LexygirlLse0lla
LexygirlLse0lla LexygirlLse0lla
  • 14-06-2016
  • Business
contestada

If there is an excess of expenses over revenues, the excess represents a ________.

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meerkat18
meerkat18 meerkat18
  • 21-06-2016

The excess is called a net loss. Net loss happens when the amount of expenses exceeds the amount of revenues generated. Net loss is the difference between the revenue and expenses wherein the expenses is bigger than the revenues. The excess is the amount of money the company had overspent. 

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