administrative expenses;
It is a selling expense to be accounted for on the Income Statement under Selling Expenses.
Expenses which are incurred for the selling of product is called Selling Expenses while expenses incurred on administration of general day to day tasks are called administration expenses
an Administrative expense
Administrative one.
Insurance is an administrative expense as administration is authorized to do all these kind of expenses.
Examples of operating expense ==> depreciation expense of a machine, impairment of goodwill Example of selling expense ==> advertising Example of general administrative expense ==> office expense
Sales salaries and commission expenses, if paid for selling the products then it is selling expenses, while if salaries or commission is paid for administration work then it would be classified as administration expense like salary of operation manager etc.
Interest expense is neither selling or administrative, and it's too significant to be called a general expense. Interest expense is usually called a finance expense and is usually listed separately from SG&A, on the Income Statement
selling
selling expense
I would classify them as administrative unless the cost of the line is directly related to sales such as the phones in a busy order dept, an outside sales rep's cell phone, or the lines in a telemarketing boiler room.
Advertising is a selling expense