23 October 2023
1) Hardware such as Paints, Nut & Bolts, Spanners, etc purchased under GST comes under which head in purchase ? Direct Purchase Or Indirect expense
2) Purchase of Gloves, Face Shield, Safety Shoes, etc for factory workers safety during the manufacturing process then which expense head should be debited ? Direct Purchase or Indirect expense
3) Testing / Lab Charges for material under which head ?
4) Tools & equipments purchased for work use under which head ? Direct Purchase / Fixed Assets?
5)Bonus & leave Encashment is a direct or indirect expense while paying to factory workers ?
23 October 2023
1 Used for production it's direct purchase. Used for maintenance it's indirect expense. 2 Indirect expense. 3 Direct expenses. 4 Fixed assets. 5 Direct expenses.
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