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12y ago

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What are the two types of expenses?

fixed expenses and variable expenses


Petty cash account details?

when we use laundry and cleaning expenses,meals and entertainment expenses,office expenses,pantry items expenses,travelling expenses etc.. what are the expenses will come each cotogories


How are variable expenses different from fixed expenses?

Variable expenses are those expenses which vary according to production level while fixed expenses are those expenses which have no effect of production level and remain same.


What are the expenses of being a lawyer?

There are many expenses of being a lawyer. These can be monetary expenses as well as emotional expenses of the profession.


What are non factory expenses?

general and administrative expenses marketing expenses


What is irregular expenses?

the expenses which will be not regular like penalty, miscellaneous expenses


What are the four categories that you need to separate your expenses into?

The four categories to separate your expenses into are fixed expenses, variable expenses, discretionary expenses, and periodic expenses. Fixed expenses are regular and unchanging, such as rent or mortgage payments. Variable expenses fluctuate, like groceries or utility bills, while discretionary expenses are non-essential, such as dining out or entertainment. Periodic expenses occur irregularly, like insurance premiums or annual subscriptions.


Is preliminary expenses is a administrative expenses or selling expenses?

Preliminary expenses are neither administrative expenses nor selling expenses rather these are classified as other assets in balance sheet and amortized over period of life of business.


What is Promotion expenses is it an expense or current liability?

it is Administative Expenses And Indirect Expenses


What is unrecoverable expenses?

Unrecoverable expenses are out of pocket expenses that you cannot obtain reimbursement on


What is the definition of estimated expenses?

estimated expenses are expenses that are not actual or real. it may be more than or less than the ctual expenses


What are statutory expenses?

statutory expenses

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