selling
an Administrative expense
selling expense.
Administrative one.
administrative
If commission is paid on selling the product then it is selling expense .
Advertising is a selling expense
selling expense
an Administrative expense
selling expense.
Administrative one.
administrative
Examples of operating expense ==> depreciation expense of a machine, impairment of goodwill Example of selling expense ==> advertising Example of general administrative expense ==> office expense
If commission is paid on selling the product then it is selling expense .
Insurance is an administrative expense as administration is authorized to do all these kind of expenses.
It is a selling expense to be accounted for on the Income Statement under Selling Expenses.
Which account is not classified as a selling 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