What is the difference between Direct expenses and Indirect
expenses?
Answer Posted / ramanuja
Direct Expenses: Expenses incurred during the production of
goods /services Example: wages, raw material transport
exp and other related expenses during the period
In direct expenses: that are expenses
after the production of goods and services.
For ex.advertising, and office expenses, audit fee,bank
charges etc.,
| Is This Answer Correct ? | 10 Yes | 0 No |
Post New Answer View All Answers
impairment & Amortisation Means
what's accounts payable
what is sales life cycle???
Explain the word Liquidation
what is meant by transposition error
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
how to do the recurring entries or steps to follow that
in accounts welding institute which category will come for example 1. recruitment con.pvt ltd. is man power recruit category ,so iwant to welding institute (learning welding and fibrication)
why do we charge the depreciation
Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?
What do you know about hyd? Tell something about hyd?
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
Can v transfer trail balance to journal entry how and with example?
Short Answer on ________Ad-Valorem Duties