_______ is the cost of use of things or services for the purpose of ge

SOLUTION

• Assets- An asset is controlled or owned by a company to produce positive economic outcome for the company. It can be tangible or intangible.

• Profit-excess of selling price over cost price.

• Stock-goods in hand for the purpose of selling.

• Expense- It is the cost of use of things or services for the purpose of generating revenue.