Query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 March 2013
what are the direct and indirect expenses in trading sector & manufacturing sector with example please.......
16 March 2013
Better you refer a book of Accountancy.
.
In the simplest term :
.
FOR TRADING :
.
Expenses which are incurred to purchase goods are direct expenses.
.
FOR MANUFACTURING :
.
Expenses which are incurred to PRODUCE the goods.
.
Raw materials, consumable stores; wages are direct expenses.
.
Indirect expenses are selling and administrative expenses.
.
In the simplest term :
.
FOR TRADING :
.
Expenses which are incurred to purchase goods are direct expenses.
.
FOR MANUFACTURING :
.
Expenses which are incurred to PRODUCE the goods.
.
Raw materials, consumable stores; wages are direct expenses.
.
Indirect expenses are selling and administrative expenses.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Rent lease agreement
- Nomination of Bank for refund in itr 2
- Relief u/s Section 89
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Lease agreement and tax on sale
- CCFS 2026 Schemed
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
