Dictionary » Letter N » noncash expense
An expense reported on the income statement that did not require the use of cash during the period shown in the heading of the income statement. The typical example is depreciation expense. Also, the write-down of an asset's carrying amount will result in a noncash charge against earnings.
| » For more clarity on this term: |
← Go Back |
Watch our new HD seminar videos (4+ hours) when you join AccountingCoach Pro. |
![]() |
Receive our popular 15-page Cheat Sheet at no cost when
you join our free newsletter: