yes
Non-Operating Expense
Should restructuring charges be classified as an operating expense or as a nonoperating expense?
Office expense
Debit, debit increasing wages
wages expense and wages payable
Wages Expenses comes under "Cash flows from operating activities" and are part of net profit from operations.
The main ones are fitting out the salo, rent and rates and staff wages.
wages is expense and expense is debit salary is income and income is credit
Non-Operating Expense
Should restructuring charges be classified as an operating expense or as a nonoperating expense?
Issuance of debendutres is not an operating activity that's why interest on debenture is also a non operating expense
Office expense
Debit, debit increasing wages
yes
Operating expense is a loss, but is used in calculating overall profit.
wages expense and wages payable
Non-operating I believe, because they are non-recurring