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Marketing and sales promotional expenses
salary of employees ( engage in marketing and promotional activities) is recorded in which account salary account or in sales promotional expenses a/c ?
Replies (4)
Quick Summary
Salary is salary.....
How can it be marketing expenses??...
All the emplyees, be whatever their deparment/duties/responsibilities be, are paid salary...
According to.Indas its admin and distribution line item. As per as, the heck they follow trading and profit ac. So the cheap MBA text books doesnt mention salary account anywhere and as operating expense while some salaries are. As per indas, all wages fall under admin expenses after gross profit. Search companyy acts schedule 3. Itll make things easier.
wages direct fall into closing inventory.
Salary is the correct nomenclature/account head.
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