what is defference between direct and indirect ezpences
Answer Posted / sumitra.raghavan
direct expenses are those wch r directly related to production
of goods..or rendering services ex-suppose a ball
manufacturing company gets order to make balls wid the name of
company pasted then its direct expense
other expense are indirect
| Is This Answer Correct ? | 8 Yes | 4 No |
Post New Answer View All Answers
Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?
Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.
Tell us depreciation and its types?
What is the equation for acid-test ratio in accounting?
while raising credit note for price difference,is it mandatory to charge excise duty 12.36% and vat 14.5% on local supplies
What is the revenue recognition principle?
consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000
Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?
How can do it TDS in accounts?
explain the relevance of closing stock account in trading a/c when preparing the gross profit?
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
Account for letter of credit in the books?
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
Explain me fair value accounting?