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first of all it is not an operating expens because it donot involve in day to day operation ofbusiness rather it is only a charge to transportation expense.
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∙ 10y ago
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Is freight in considered a cost of purchasing inventory?
yes.....direct expense..
Difference between operating expense and direct expense?
Operating expense is the cost of running your day-to-day business. Operating expenses include rent, utilities, supplies, and insurance. Direct expense is an expense that varies with changes in the cost object. Direct expenses include materials needed to manufacture a product, freight charges to transport product, and taxes related to the sale of goods.
Is freight out a selling expense or cogs?
selling expense
Will my lender or banker consider a POS machine as operating capital?
They unfortunately will not, as traditionally it's considered an operating expense.
Do you capitalize freight charges on equipment?
No. Freight charges are an expense item.
Is freight in a selling expense or cogs?
cost of goods sold... which is an expense.... when you see FOB freight in/out is and then is added to purchases later on to calculate COGS
Is loan interest is operating expense or non operating expenses?
Non-Operating Expense
Is a subscription a capital expense?
No, a subscription is considered an operating expense rather than a capital expense. Operating expenses are incurred in the day-to-day operations of a business, while capital expenses are investments in long-term assets like equipment or property.
Restructuring charges be classified as an operating expense or as a nonoperating expense?
Should restructuring charges be classified as an operating expense or as a nonoperating expense?
Why debenture interest is expense but not within operating expense?
Issuance of debendutres is not an operating activity that's why interest on debenture is also a non operating expense
Should the aspect of expense and time be considered in creativity projects?
If one wishes to make money doing creative projects, then time and expense should be considered. Operating a craft business is just like operating any other business when it comes to calculation of profits and pricing.
Is toner an office expense or an operating expense?
Office expense
