Which account is not classified as a selling expense?
Debit Salaries Expense, Credit Salaries Payable.
outstanding salaries a/c....................dr to outstanding expenses
Salaries expense -can be paid or unpaid while salaries payable is finally pay the salaries...
Indirect costs(salaries, materials not directly involved in manufacturing), period costs(selling and admin costs)
salaries payable it is and example of liabilities tittles!
Indirect labor
Too much...we the people are the funding for not only the advertising, we pay the salaries for the governmdng owned advertising companies as well!
Lots of things: advertising, travel, salaries, etc.
only salaries of employees engaged in selling can be classified as selling expense..salary of salesperson,saleslady,salesman,sales supervisor are the examples that fall under selling expense..it is classified as selling expense, simply because the expense occurred in selling department.
Working capital is very important to run busineess, WC can used for daily wages , salaries, Raw material purches, advertising expenses etc..
Ask Ismail farhid
Debit Salaries Expense, Credit Salaries Payable.
Owners of pro teams get paid from the profits of their team....Revenue(ticket sales, advertising, league bonuses for winning)- Expenses(salaries, arena maintenance)=Profit
outstanding salaries a/c....................dr to outstanding expenses
Salaries expense -can be paid or unpaid while salaries payable is finally pay the salaries...
Women salaries were about half as much as men's .
Ticket sales, TV and radio broadcast rights, concession sales, team logoed merchandise sales, stadium advertising, etc. A large chunk of money to pay professional sports players comes from government subsidies... in other words our taxes go to pay those outrageous salaries.