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What is the difference between direct expenses and indirect expensesWhat is the difference in direct income and indirect income. Explain with example.
c7831887
- May 20th, 2009
Already 1 member has answered this question in Manufacturing way. But, my answer is:-If a trader imports some products and sells the same as is where is condition, the direct expenses will be fr...
rajesh.GOPI
- Feb 6th, 2008
Direct expenses are those expences which is directly related to product.Ex: Machinery repairs, Machinery transport charges . In direct expenses are those which are indirectly related to product.Ex: lighting, power.
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Provisions and Reserves
What is the difference between a Provisions and Reserves?
Mir Raashid
- Jun 5th, 2013
Provisions: provisions are made for meeting known liabilities..e.g.,provision for doubtful debts ,provision for depreciation e.t.c..
1. It is charged against profits .
2. provisions are compulsory ,whether there are profits or loss.
3. it cannot be used for distributing dividends.rajesh.GOPI
- Dec 25th, 2007
PROVISIONS: These are made aganist charge. Provision are made if there is profit or not for company.ex: Bad debts, income tax.RESERVES These are made on profits. Generally every has kept minium 10% as reserves.
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What is more important to you: the money or the work?
Money is always important, but the work is the most important. There is no better answer.
