A parent's headstone is typically not explicitly mentioned in a will, as wills generally focus on the distribution of assets and personal belongings. However, the costs associated with a headstone may be covered under funeral arrangements or pre-planned burial agreements. It's advisable to check the will for any specific directives regarding funeral wishes or memorial plans. Ultimately, the decision about the headstone might also depend on family discussions and arrangements made after the parent's passing.
Ownership of a parent's headstone typically falls under the family members who arranged for its purchase and installation, often the children or other close relatives. Legal ownership can depend on the cemetery's policies, as some may require a deed or contract for the grave site. Additionally, family dynamics and agreements may influence who is recognized as the owner. It's advisable to check with the cemetery for specific regulations regarding headstone ownership.
Under a Funeral Moon was created on 1993-06-24.
Admin expense
Some places where coffins are stored: graveyard or grave, mausoleum, earth, crypt, hearse, cemetery, or a funeral home.
It is a selling expense to be accounted for on the Income Statement under Selling Expenses.
It should be posted under operating expense.
Marketing expense is not a period cost. Typically, marketing expense will be reflected under S&A on the income statement.
Depreciation expense can be allocated to Administrative Expense or Selling & Marketing Expense or even to Cost Of Goods Sold. The amount of allocation and how that is done is specific to the type of business or industry.
Medicaid does not pay a funeral benefit. There is a very small funeral benefit under some circumstances from Social Security.
Salary is an expense for business and that's why shown under income statement as an expense.
is preliminary expense comes under other assests in banking company accounts