Marketing and sales promotional expenses
Atharv Sankliya (1356 Points)
04 January 2023Atharv Sankliya (1356 Points)
04 January 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183358 Points)
Replied 04 January 2023
Salary is salary.....
How can it be marketing expenses??...
All the emplyees, be whatever their deparment/duties/responsibilities be, are paid salary...
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 05 January 2023
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.
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 05 January 2023
wages direct fall into closing inventory.
sabyasachi mukherjee
(27664 Points)
Replied 08 January 2023