Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / vaibhav saxena
Direct Expenses are those costs directly related to the
principal activity of the business. Examples include the
raw materials used to manufacture a product and the labor
costs associated with the work performed to produce the
product.
Indirect Expenses are those not directly related to the
principal activity of the business. Examples include Sales
activities, Research and Development activities, and
Administrative activities.
Simple example: An auto repair business.
| Is This Answer Correct ? | 19 Yes | 0 No |
Post New Answer View All Answers
Differentiate public and private accounting?
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
One Institute, after completion of course not issue any certificate to students, they issued certificate from other branded institute with cost (Kindly provide the term of this expenditure to appear in P&L a/c)
Tell me in accounting, how do you define premises?
WHERE WE CAN USE VAT 5%,14.5%
Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.
A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500
What is Capital Commitments means?
Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.
What is fair value accounting?
What is an interlocking accounting system?
1. how to pass TDS entry in tally 2. how to pass service tax entry in tally 3. how to pass depreciation entry in tally 4. what is percentage in TDS and service tax
Tell me about a situation where you showed determination?
Why are accounting standards necessary?
Why have you applied to our firm?
