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What items to be included in deferred charges?
discount
Is your deductible included in your out of pocket expenses?
Yes, your deductible is typically included in your out-of-pocket expenses.
Name items which are not included in cost sheet?
Provision for Bad Debts, cash discount, Trade discount, Preliminary expenses written off, Goodwill written off,
Do you include bank balances in income and expenditure report?
No, bank balances are not included in an income and expenditure report. This report focuses on the revenues earned and expenses incurred over a specific period, providing a snapshot of financial performance. Bank balances represent the current cash position and are typically reflected in a balance sheet rather than an income and expenditure report.
Examples of capital expenditure and revenue expenditure?
Capital expenditures are included in fixed asset costs. Examples of capital expenditures are purchase costs, legal charges delivery charges, and installation charges. Revenue expenditures include maintenance charges, renewal expenses, repair costs, and repainting costs.
What expenses are included in selling and distribution expenses?
sales commission
What does a operator status deferred in auto policy means?
Driver who is not included as an operator in vehicle policy but has a auto policy of his own is termed as "Deferred operator".
What gets included and excluded when calculating GDP?
total income and total expenditure are included when calculating GDP.
What is included in sundry expenses?
Sundry expenses are the expenses of small amount and it is not possible to maintain there detail
What amounts are not included in gross margins?
Operating expenses.
What are the preliminary pages of a business report?
The title page is part of the preliminary pages of a business report. Other pages included in the preliminary pages include the list of tables and figures, and the contents page.
Cost of marketing and delivering a product are included in inventory valuation?
Typically no. These costs are usually considered current period expenses and not added to inventory. However, there are certain situations where marketing costs might be deferred over a period of time, creating a prepaid expense.
