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Yes, discount expenses are typically considered indirect expenses. They are not directly tied to the production of goods or services but rather relate to sales activities, such as discounts given to customers to encourage purchases. As indirect expenses, they can impact overall profitability but do not directly contribute to the cost of goods sold.
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What is direct expenses and indirect expenses?
what is direct and indirect expense
What is the difference between direct expense and indirect expense in financial account?
give the full chart of the direct and indirect expenses . detail about this
Is an office expense an indirect expense?
yes it is an indirect expense
Is rent a direct expense or an indirect expense?
Rent is typically considered an indirect expense. It does not directly contribute to the production of goods or services but rather supports the overall operations of a business. Indirect expenses, including rent, are usually allocated across various departments or products rather than tied to a specific cost center.
Are sales commissions a direct or indirect expense?
Sales commissions are direct expenses. Direct expenses are those that used to directly run a business like labor, materials products services and more. Indirect expenses are the costs of doing business and include things like rent, insurance, depreciation and more.
What is direct expenses and indirect expenses?
what is direct and indirect expense
What is Promotion expenses is it an expense or current liability?
it is Administative Expenses And Indirect Expenses
What is the difference between direct expense and indirect expense in financial account?
give the full chart of the direct and indirect expenses . detail about this
Give few examples of Miscelleneous expense?
preliminary expenses, discount on issue of shares
Is an office expense an indirect expense?
yes it is an indirect expense
Is insurance a direct or indirect expense?
indirect-expense
Is rent a direct expense or an indirect expense?
Rent is typically considered an indirect expense. It does not directly contribute to the production of goods or services but rather supports the overall operations of a business. Indirect expenses, including rent, are usually allocated across various departments or products rather than tied to a specific cost center.
Are credit card discounts reported as operating expenses on an income statement?
a credit card discount would be a credit, not an expense.
Are sales commissions a direct or indirect expense?
Sales commissions are direct expenses. Direct expenses are those that used to directly run a business like labor, materials products services and more. Indirect expenses are the costs of doing business and include things like rent, insurance, depreciation and more.
What account head can be used in tally for expenses related to electrical work and building repair during setting up office?
Indirect expense...
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.
Is advertising expense direct or indirect cost?
indirect
