operating expenses
This query is : Resolved
24 September 2010
is it ok to include PARTNERS' SALARY IN OPERATING EXPENSES?
24 September 2010
Partners Salary can't be part of operating Exp. So it's not right.
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24 September 2010
Parterns Salary is not an operating expense of the firm.
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26 September 2010
Hi Asif, Partner's salary is not the operating exp. but it is appropriation of after tax profit that is why we show it in P/L appropriation A/c
Regards, CA Shakuntala Chhangani
Regards, CA Shakuntala Chhangani
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