SG&A: Selling, General, and Administrative Expenses
General costs such as office supplies, telephone bills, and postage are considered to be administrative expenses. Compensation for employees who provide overall support for the...
What is the units of activity depreciation?
For a piece of equipment, units could be how many products the equipment can be expected to produce. This method can be contrasted with time-based...
Cost vs Expense: What’s the Difference?
Thus, in both cases, we have converted a cost that was treated as an asset into an expense as the underlying asset was consumed. The...
Manhattan Accountants Ahad&Co CPAs in NYC
Contact us if you’d like to know if our CPA team has the experience that can be applied to your industry. We’ll use research, projections,...