Warehouse[Godown] rent will come under Direct expenditure or In direct expenditure?
7 Replies
Prabeer
(B. COM (H) CA & CS Final)
(5484 Points)
Replied 10 February 2009
Obviously Indirect Expenses.
CA Gandharv Sharma
(Financial and Taxation consultant)
(514 Points)
Replied 10 February 2009
logic is ware house(storage of goods) is not linked with production or direct sale of goods.... indirect expenditure.
Neethi V. Kannanth
(.)
(19020 Points)
Replied 29 January 2021
Where should medical consumables be classified in case of hospital?
Saurabh Mishra
(2 Points)
Replied 13 September 2021
Indirect expenses for the company, because goods are storing in godown (warehouse ) for the purpose of sales . And everything which related to sales considered as indirect.
Nayan Medic
(Professional + Student)
(323 Points)
Replied 24 July 2023
Factory rent will appear as an expense in the Profit and Loss Account under the category of "Indirect Expenses". These expenses are deducted from the revenue to calculate the Net Profit or Net Loss of the business.
Recent Topics
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
Related Threads
CAclubindia
