What is the difference between Direct expenses and Indirect
expenses?
- 33 Answers
- 190831 Views
- Capita India Pvt Ltd, FIC, GreenTag, IBM, security-guards, I also Faced
- E-Mail Answers
Answer Posted / vinotha.v
DIRECT EXPENSES ARE LEVIED DURING THE PRODUCTION OF GOODS ,
example: POWER & FUEL, WAGES, OIL, ETC.,
INDIRECT EXPENSES ARE LEVIED AFTER THE PRODUCTION OF GOODS.
example: DEPRECIATION, INTEREST ON CAPITAL,PROVISION FOR
DEPRECIATION, ETC.,
| Is This Answer Correct ? | 285 Yes | 52 No |
Post New Answer View All Answers
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.
If someone knows about the test pattern of Junior executive accounts than please share.
Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it
What is the Branch Accountant Responsbilities ?
purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest
Whether construction of office cum storage comes under CMA under Agriculture or Non Farm Sector
Do you need an income statement if you do part time contract work at home?
where does the closing stock appears in the trial balance?
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
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
can any one send me payables real time scenarious or any projects
Example for extra ordinary expenditure?
we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?
what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form
