In p&l account where does miscellaneous expenses comes

Answer Posted / nisar sufikhan

Miscellaneous expenses are petty expenses which every company incurres on day to day business. It is posted as a miscellaneous expense because some of the small expenses which cannot be posted using the specific headings.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is Budgeted capital ?

1533


Expand-------MUR

1637


please give the sbi bank clerk exam paper model in last five years?

1771


Is depreciation a expense or income?

1236


what is cost accountinp

1749






From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900

1648


Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?

1602


If someone knows about the test pattern of Junior executive accounts than please share.

1700


Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector

1297


In case of new admission of partner what will be the adjustment for the sharing ratios

1615


3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

1612


Short Answer on ___________Cash Profit

1665


what is a depository?

2341


I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com

1644


what is circuit filter?

1495