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What is indirect credit?

Updated: 9/25/2023
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Q: What is indirect credit?
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What is the format for profit and loss account?

we show indirect expenses on debit side and indirect income on credit side. indirect expenses like salaries, Rent, carriage outward, staffwalefare expenses and other expneses and indirect income like commission received, discount received and others. if credit side more that debit side it means Net profit and debit side more than credit side it means Net loss.


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What is the indirect object in the sentence The restaurant had burritos on the menu?

An indirect object is a noun or a pronoun that indicates to whom (or what) or for whom (or what) the action of a verb is performed. In this case, the verb is "had," so we see the restaurant had. What did it have? Burritos. Where were the burritos? On the menu. So in this sentence, "menu" is the indirect object. Also, for extra credit, "on the menu" is a prepositional phrase.


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Most of the financing in the United States, however, is done indirectly through financial intermediaries who substitute their credit for the credit of the borrower (user) of funds.


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