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Is legal expense an admin expense?
Legal expenses is not an admin expenses since legal expenses ararise due to legal issues of the organization. legal expenses are not recurring expenses by nature. Example of legal expenses are feees paid to the professional to represent the legal issues before the competent authority.
What is an example of a recurring expense for a household budget?
An example of a recurring expense for a household budget is the rent or mortgage. Other examples are food costs, the phone bill and electricity costs.
Do you include depreciation expense on the income statement?
Yes you do, there is no specific area that it must go under allowing companies to charge depreciation based on what categories the assets cone under (cost of sales, admin expenses, distribution expenses). Although if it's not clear, normally admin expenses would be considered the norm.
What would you say is the biggest expense in a very large famaily?
food eduation house/rent electricity clohes health Care
Is electricity a variable or semi-variable cost?
If electricity expense is dependant on production level then it is variable expenses other wise some of expenses may be of variable nature while some part is fixed or semi variable nature as well.
What expense classification would bad debt expense be listed under?
Admin expense
Is electricity a liability or asset?
Electricity expense is an expense account while accrued electricity payable is a liability account
Where does electricity go on the balance sheet?
Electricity is not part of balance sheet rather it is an expense and it is shown in income statement of business as expense.
Is legal expense an admin expense?
Legal expenses is not an admin expenses since legal expenses ararise due to legal issues of the organization. legal expenses are not recurring expenses by nature. Example of legal expenses are feees paid to the professional to represent the legal issues before the competent authority.
Is gas for your car considered a utility expense?
It is a transportation expense. A utility expense normally refers to expenses such as sewer, water, electricity, or any other expense that is reoccurring and necessary.
What is an over head?
it is an operating expense such as gas, electricity or rent
INSURANCE is admin or selling expense?
If you r buying a life insurance scheme & paying prm for the same then its a drawing in your books of accounts & not your expense. If you r buying general insu. For your equipments, furniture, material etc agst theft or loss or any such purpose then it is your admin exp. If you are insuring goods in transit then only it is selling exp.
What is the difference between finance expense and administrative expense?
Finance expense is that amount paid for the acquisition and using debt or equity finance like interest, brokerage fee, etc Administrative expense is that amount which is used to run day to day activities of business like admin staff salaries rent insurance etc
Is electricity a variable expense?
No but its cost may be variable depending on how much you use.
What is an example of a recurring expense for a household budget?
An example of a recurring expense for a household budget is the rent or mortgage. Other examples are food costs, the phone bill and electricity costs.
What are the Star Wars Battlefront 2 admin codes?
/admin /login<*****> /admin /say ****** /admin /shutdown /admin /nextmap
How to be a admin?
How to be a admin
