Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference in direct expenses and indirect
expenses?
- 9 Answers
- 12050 Views
- I also Faced
- E-Mail Answers
Answer Posted / devi
Direct espanses are those expanses which are directly
incurred to produce the products .inndirect expanses are
those expanses which are going to incurr when to sale the
products.
simply we can say direct expanses are which appeared in
trading aaccount debit balances
indirect expanses are which appeared in profit and loss
account debit balances.
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
What do you know about this position?
what is consumer product accoutning?
what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?
Tell About ur self what will i say plz help me
Explain me what is important to effective market analysis?
Hi Everybody, Can anybody tell me how to create ledger in Peachtree Accounting software, means there are some Code, which Codes Comes under which ledger Account.your prompt Answer will be highly appreciated, Thanks & regards, Khan
How to prepare HSD statements in tally
how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come
can any accountant forward format of daily or monthly mis format for accounts and finance dept!!
what is ment by suspence account and dummy account
Sold goods to Gasha 600 by cash
The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2
What is a ledger?
Ledger Enteries
how do made in finalization
