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What is the diffrence between General Exp. & Misc. Exp?
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Answer Posted / satyendra kumar sah
General exp. is an exp. we can treat in p/l a/c as indirect
exp.misc. exp. not comes in business regularly and not high
amt. if treat high amt. exp. as a misc. in this case it
should be disallowed.some organization bribe treat a
general exp.
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