Its an expense
Directors remuneration is part of income statement and also expense of business but required to be shown as separate item.
corporate assesses are required to pay utmost attention while framing the remuneration policy for their personnel. it requires the full knowledge of income tax laws and other allied economic and corporate laws like the companies act in regard to allowability and taxation of salary income of executives and directors, etc.
it is neither an expense nor an income
Income = expense + savings&investments Income = expense + savings&investments
it is neither an expense nor an income
Directors remuneration is part of income statement and also expense of business but required to be shown as separate item.
Its an expense
corporate assesses are required to pay utmost attention while framing the remuneration policy for their personnel. it requires the full knowledge of income tax laws and other allied economic and corporate laws like the companies act in regard to allowability and taxation of salary income of executives and directors, etc.
no they dont
According to King Code III chapter 2 paragraph 180 requires that companies should disclose the remuneration of each individual directors and certain senior executives
it is neither an expense nor an income
Income = expense + savings&investments Income = expense + savings&investments
it is neither an expense nor an income
To the depositor, it is an income but to the bank or institution providing the fixed deposit as a product, it is an expense.
Interest expense is shown at debit side of income statement because it is an expense for business.
A reduction of an expense on the income statement.
Maintence Expense is just like any other expense and will be reported on the income statement and deducted from Gross Income to obtain Net Income...