Lucy : What are typical expenses and revenues? Andrew : Typical expenses include ___1___ expense, rent expense, utilities expense, ___2___ expense, or the incurring of a liability. Lucy : Why do the typical expenses take place? Andrew: Typical revenues result from ___3___ of goods or services or from the use of money or property. Lucy : How to evaluate their operating result? Andrew: If there is an ___4____ of revenue over expenses, it represents a ___5___. Lucy : I see. I think I need to write down my daily expenses so that I can check how my money is spent at the end of the month. I might make fortune out of my personal accounts if I could save every penny I have. Andrew: That’s a good idea.