Answer Posted / vaibhav saxena
Direct Expenses are those costs directly related to the
principal activity of the business. Examples include the
raw materials used to manufacture a product and the labor
costs associated with the work performed to produce the
product.
Indirect Expenses are those not directly related to the
principal activity of the business. Examples include Sales
activities, Research and Development activities, and
Administrative activities.
Simple example: An auto repair business.
Is This Answer Correct ? | 19 Yes | 0 No |
Post New Answer View All Answers
How do I record a prior year property tax refund on sale of asset due to overvaluation
What is the definition of manual accounting?
Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?
Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.
how will you adjust voluntary seperation payment in cash flow statement
What is departmental accounting? Give an example
What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?
journal entry for goods withdrawn for personal use
payment voucher for advance salary
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?
What is partnership accounting?
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?
Tell me how you can adjust entries into account?