Advertising is a selling expense
selling expense
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.
SG&A expenses are sales, general, and administrative expenses. They are company overhead costs that include recurring expenses like rent, office supplies, and salaries.
Expense ratios, which indicate the amount of money the fund keeps for management and administrative costs, varies greatly depending on the type of fund. Fully managed funds typically have ratios ranging from less than 1% to over 2%. Indexed funds typically are around .25%.
Depreciation expense is neither an asset or liability. It is an expense.
selling
selling expense
an Administrative expense
selling expense.
Administrative one.
administrative
If commission is paid on selling the product then it is selling expense .
Examples of operating expense ==> depreciation expense of a machine, impairment of goodwill Example of selling expense ==> advertising Example of general administrative expense ==> office expense
Insurance is an administrative expense as administration is authorized to do all these kind of expenses.
It is a selling expense to be accounted for on the Income Statement under Selling Expenses.
Interest expense is neither selling or administrative, and it's too significant to be called a general expense. Interest expense is usually called a finance expense and is usually listed separately from SG&A, on the Income Statement
Expenses which are incurred for the selling of product is called Selling Expenses while expenses incurred on administration of general day to day tasks are called administration expenses