Is purchase itself a direct expense?

Answer Posted / bijender

It is not clear from your question the nature of transaction
i.e Raw Material,Packing or any other exp.If purchased mat
is used directly in manufacturing it will be treated as
direct Exp.

Is This Answer Correct ?    8 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.

2125


what is debit balance report in SAP?. how do you describe DB report in brief.

1522


Under Accrual Accounting, How Are Worker Comp Premiums Handled?

657


Explain me your current/former role, your responsibilities, and how success is/was measured?

578


Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me

1248






If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet

1985


what is apply SI post

1554


What methods do you use to discover sales opportunities?

592


what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok

1642


What is difference between Cash Flow and fund flow

1596


Which accounting application you prefer most and why?

674


In the case of stock transfer from one branch to another branch any reverse credit is applicable.

1569


discuss seperate determination concept

1577


how to prost entry for purchases with a bill

1486


how to finalised the Balance sheet & profit & loss A/C

1829