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What else can I help you with?
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.
What accounts can be found in income statement?
Accounts found on an Income Statement are : Cost of Sales, Sales Rev., Selling Expense and Wage Expense
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
Depreciation expense of building is a administrative expense or a selling expense?
selling expense
Is freight out a selling expense or cogs?
selling expense
Is advertising a selling expense or an administrative expense?
selling
Is credit card fee expense a selling or administrative expense?
selling expense.
Is advertising a selling or Administrative expense?
Advertising is a selling expense
Is commission a selling or administrative expense?
If commission is paid on selling the product then it is 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.
What type of expense is discount allowed?
Discount allowed is classified as a selling expense or a marketing expense. It represents a reduction in the selling price offered to customers to encourage sales or reward prompt payment. This expense reduces the overall revenue recorded by a business, impacting its net income. It is recorded on the income statement as a deduction from sales revenue.
Is an office expense a selling expense?
yes
