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14y ago

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Is electricity an admin expense?

Electricity is typically classified as an operating expense rather than an administrative expense. Operating expenses include costs necessary for the day-to-day functioning of a business, such as utilities. Administrative expenses, on the other hand, are related to the general management and support functions of a company, like salaries for administrative staff and office supplies. Therefore, while electricity is a necessary expense, it does not fall under the administrative category.


What is kind of operating expense is depreciation selling expense or general administrative 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


Are utility expenses a selling or administrative expense?

an Administrative expense


Are miscellaneous expenses an administrative expense or a selling expense?

Administrative one.


Is insurance an administrative expense or selling expense?

Insurance is an administrative expense as administration is authorized to do all these kind of expenses.


Is royalty selling or administrative expense?

administrative


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

selling expense


Is advertising a selling expense or an administrative expense?

selling


Is loan interest is operating expense or non operating expenses?

Non-Operating Expense


Is credit card fee expense a selling or administrative expense?

selling expense.


Is advertising a selling or Administrative expense?

Advertising is a selling expense


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?