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General and administrative expenses are those expenses which requires to run day to day business activities no matter if there is production going on or not.
What else can I help you with?
Is interest expense a selling or general and administrative expense?
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
Does rent expense go under selling or general and administrative expenses?
administrative expenses;
Is store supplies expense a selling or general and administrative expense?
It is a selling expense to be accounted for on the Income Statement under Selling Expenses.
Where does utilities expense appear on the financial statement?
It typically falls on the income statement under general and administrative expenses.
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
Which type of expense is a bank charge for credit card fees Administrative or General?
Sales
Are miscellaneous expenses an administrative expense or a selling expense?
Administrative one.
What is the most common base for calculating general and administrative overhead rate?
total G & A expense
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 professional fee expense an administrative expense or a selling expense?
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
Is an administrative expense an operating expense?
yes
