Is electricity charges are direct or indirect expenses
Answer Posted / datta raju
As per the Generally accepted accounting principle the electricity expenses are "Indirect in Nature" why because - Direct expenses are the expenses which is incurred directly related to the business example: Wages to labour, but here electricity is not the main criteria for the business to run.
There are lot of industries and business which are running not to use much of the electricity. So, to the best of my knowledge it is Indirect Expense.
| Is This Answer Correct ? | 50 Yes | 11 No |
Post New Answer View All Answers
What other careers are you considering?
what is one way , two way matching , three way , four way matching ?
What is accrual accounting?
What is Time capital
Tell me the types of accounts involved in double entry book-keeping?
what is share application money pending allotment?
How is scrap value calculated?
What is depreciation and how many types are there. Please give details?
i am normally accountant. i am not a CA. then i learn a account maintain
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
what is debit balance report in SAP?. how do you describe DB report in brief.
when we can submit Form-C to the Sales Tax Dept. What is the period to issue Form-C to the supplier
What are the functions of manger -accounts and manager-finance?
what is the D.V.T. rate from 1/10/2009
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.