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Q: How do you classify uniform expense?
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How do you classify staff uniform expense in a restaurant Profit and Loss account?

I will classify as "Operating expnse - Uniform"


When to remove bad debt expense?

The bad debt expense is generally removed at the end of the financial year, as it may classify as a deductible item when reporting tax at the end of the financial year.


How do you use classify in a sentence?

you can not classify this. How can you classify them?


Accrued rent expense is a liability?

Accrued rent expense is classified as an Expense. It's not classified as a liability. Expenses are paid out of "Revenue" and they affect "Retained Earnings". When you do a Trial Balance before closing out your accounts, Expenses are actually listed with Assets, because all "Expenses" contain a debit balance.There is only one reason an expense would be listed as a liability and that is if you post the transaction before paying it and then the account "Expense Payable" is used and is a liability as it is a "Payable" and actually is not listed with the term "expense" in it. For example if you have Rent Expense, then the two accounts used are Rent Expense and Rent Payable. Notice the "liability" account is actually titled "rent payable" not "rent expense".The term accrued is merely the term used in Accrual Accounting, which simply means that all transactions are recorded as they occur or "accrue" as opposed to cash basis accounting where transactions are recorded only when cash is paid out or received.In actuality if you are trying to classify your accounts, such as the question, classify the following accounts as either an Asset, Liability or Owners Equity Account, Expenses will be classified as an Owners Equity Account as they affect Retained Earnings, which in turn affects Owners Equity (stockholders equity).


Depreciation expense of building is a administrative expense or a selling expense?

selling expense


What is a good sentence for classify?

We will classify this new species as a mammal.How do you classify this, Mister Burns?


Why classify skills?

why do we classify skills


How do scientists classify humans?

All living Humans are one subspecies of one species, Homo Sapiens. Race is not regarded as a biological concept, but rather a cultural one. Human genes are remarkably uniform in populations all over the globe. Scientists classify all living things by examining their cell structure. Humans are classified as eukariotic.


How do plants classify?

You classify plants by their reproduction.


What is the opisite of classify?

The opposite of classify is typically "declassify," which means to remove or make information no longer classified.


How do you classify invertebrate?

You can classify them from how they are alike and how they are different.


How do you classify things?

You tell what something is if you classify it.