please help me on this

Cost Accounts 618 views 1 replies

Whether the following expenses is direct expense or indirect expense where the organization is a school

1.stationery expenses (mostly used by teachers in teaching process)

2.Science lab consumables purchased (sclence lab fee is collected from students)  

Replies (1)

stationery expenses & lab consumables are direct expenses. Sine the organisation is a school. no need bifurcation of expenses.All expenses to be debited into income & expenditure a/c only.


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