0
What else can I help you with?
Is freight out a selling expense or cogs?
selling expense
Why salary should be classified as a 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.
Is a personal assistant considered a business expense?
Yes, a personal assistant can be considered a business expense if they are hired to help with tasks related to running a business, such as administrative work, scheduling, or other business-related activities.
How is the expense ratio charged for investment funds?
The expense ratio for investment funds is charged as a percentage of the fund's total assets. This fee covers the fund's operating expenses, such as management fees and administrative costs, and is deducted from the fund's returns before they are distributed to investors.
What are the steps involved in selling a car to an individual?
The steps involved in selling a car to an individual include preparing the car for sale, determining the selling price, advertising the car, negotiating with potential buyers, completing the necessary paperwork, transferring ownership, and finalizing the sale.
Is advertising a selling expense or an administrative expense?
selling
Depreciation expense of building is a administrative expense or a selling expense?
selling expense
Are utility expenses a selling or administrative expense?
an Administrative expense
Is credit card fee expense a selling or administrative expense?
selling expense.
Are miscellaneous expenses an administrative expense or a selling expense?
Administrative one.
Is royalty selling or administrative expense?
administrative
Is commission a selling or administrative expense?
If commission is paid on selling the product then it is selling expense .
What is kind of operating expense is depreciation selling expense or general administrative 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
Is insurance an administrative expense or selling expense?
Insurance is an administrative expense as administration is authorized to do all these kind of expenses.
Is store supplies expense a selling or general and administrative expense?
It is a selling expense to be accounted for on the Income Statement under Selling Expenses.
Is interest expense a selling or general and administrative expense?
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
Is professional fee expense an administrative expense or a selling expense?
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
