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Expenses

This query is : Resolved 
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(Querist)
13 February 2012 Where shall keep the delivery van (Own/ Hired) expenses eg. repairing of delivery van and fuel charges in profit and loss account? in Direct Expenses group or in Indirect Expenses Group?
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
13 February 2012 Indirect expenses group. Repair exp in head of repair & maintenance and fuel exp in power & fuel.
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Guest (Expert)
03 March 2012 Classified under indirect expenses under respective head.
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Guest

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Guest (Expert)
03 March 2012 Classified under indirect expenses under respective head.
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