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Selling expenses are those expenses which incurred to selling of services and goods for example market research, sales man salary, and advertising. And other hand general expenses are those expenses which incurred general base in production for example interest charge, services charges, wages and rent are included.
What else can I help you with?
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.
What is the single biggest difference between product and selling concepts?
what is the difference between concept selling and product selling?
What is the difference between selling points and benefits?
what is the primary difference between selling points and benefits
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
What is meant by selling expenses?
Selling Expenses are the expenses directly related to producing sales. Typical Selling Expenses would be Advertising and Salesman's Commissions.
Difference between personal selling and salesmanship?
no difference
What is the difference between cost and selling price?
The cost refers to the total expenses incurred to produce or acquire a product, including materials, labor, and overhead. In contrast, the selling price is the amount a customer pays to purchase that product. The difference between the two is known as the profit margin, which indicates the profitability of the sale. Essentially, the selling price must exceed the cost for a business to generate profit.
How do you journalize accrued selling expenses?
[Debit] Selling Expenses [Credit Selling expense payable
What do the difference and similarities between personal selling and direct marketing?
The difference and similarities between personal selling and direct marketing are that personal selling is done by oneself to another self, whereas direct selling is done by oneself to another company.
Is preliminary expenses is a administrative expenses or selling expenses?
Preliminary expenses are neither administrative expenses nor selling expenses rather these are classified as other assets in balance sheet and amortized over period of life of business.
What expenses are included in selling and distribution expenses?
sales commission
