WHAT IS THE DIFFERENCE BETWEEN THE BENEFITS OF DIRECT
EXPENSE AND INDIRECT EXPENSE
Answer Posted / libin kulamuttom
Expenses are the amount
incured for the benifit we received.for eg:(1)wages paid
(It is a direct exp here we got the services of the employe as benifit.That means direct exp gives the benifit from trading or manufacturing field.(2)office rent paid(it is an indirect exp. Here we can use th building as offices.That means benifit came from administrative field)
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What are source documents in accounting?
What is fbt (fringe benefit tax)?
What do we mean by Redemption of shares and debentures?
what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?
Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33
Explain under what type of account does the unearned revenues fall?
What is budget variance analysis?
What is fair value accounting?
If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet
how to see reoprt of miro booking in SAP FI
all ques. related to accounts?
cash with drawn from bank with issuing self check vide ch no.123456 how to enter in sap. please send answer anyone this is very helpful to me
what is general accounting
which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan
What are the rules for debit and credit for different accounts to increase the amount in your business accounts?