selling
an Administrative expense
selling expense.
Administrative one.
administrative
If commission is paid on selling the product then it is selling expense .
Advertising is a selling expense
selling expense
an Administrative expense
selling expense.
Administrative one.
administrative
If commission is paid on selling the product then it is selling expense .
Examples of operating expense ==> depreciation expense of a machine, impairment of goodwill Example of selling expense ==> advertising Example of general administrative expense ==> office expense
Insurance is an administrative expense as administration is authorized to do all these kind of expenses.
It is a selling expense to be accounted for on the Income Statement under Selling Expenses.
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
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