An appraisal fee is typically considered a closing cost rather than a selling expense. It is incurred to assess the value of a property and is often paid by the buyer or lender as part of the mortgage process. While it may be associated with the sale of a property, it does not fall under the category of expenses directly related to selling, such as agent commissions or marketing costs.
selling expense.
selling
If commission is paid on selling the product then it is selling expense .
yes
yes
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
selling expense
selling expense
selling
Advertising is a selling expense
If commission is paid on selling the product then it is selling expense .
It is a selling expense to be accounted for on the Income Statement under Selling Expenses.
only salaries of employees engaged in selling can be classified as selling expense..salary of salesperson,saleslady,salesman,sales supervisor are the examples that fall under selling expense..it is classified as selling expense, simply because the expense occurred in selling department.
yes
yes
Which account is not classified as a selling expense?