sales commission
utilities
Example of periodic expenses are; Car insurance premium,property taxes, holiday expenses, expenses on certain seasonal activities.
purchase, marketing, selling and distribution expenses, production
Functional expenses are expenses grouped together according to the purpose for which the expense occurred. Some examples of this would be administrative expenses, program expenses, or cost of goods.
sales commission
If there were qualified education expenses equal to the distribution you don't do anything. If the expenses exceed the distribution amount the difference can be claimed as an education credit or tuition and fees adjustment. If the distribution exceeded the qualified expenses see Publication 970 to figure the taxable amount.
utilities
What is exclusive distribution and will you recommend exclusive distribution for FMCGs?
Prepaid expenses, depreciation, accrued expenses, unearned revenues, and accrued revenues are all examples of
Fixed expenses are those expenses which don't have any relation with actual production volume, examples are building rent, administration staff salaries, administration expenses etc
Indirect Expenses are those expenses which are incurred after the manufacturing process is over, e.g. selling and distribution expenses, all the administrative expenses, carraige outward, advertisement expenses because they are related indirectlt with the product manufacturing and sales.
utilities
Example of periodic expenses are; Car insurance premium,property taxes, holiday expenses, expenses on certain seasonal activities.
purchase, marketing, selling and distribution expenses, production
Functional expenses are expenses grouped together according to the purpose for which the expense occurred. Some examples of this would be administrative expenses, program expenses, or cost of goods.
Examples of nominal accounts are losses and expenses of gains or income.