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Recognition and Reporting of Selling Expenses

 
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Recognition and Reporting of Selling Expenses
tango_acc
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#1
08-08-2009, 05:12 PM
hi,
outbound freight incurred during selling, the cost is not COGS. the cost should be considered as what cost and where it should be reported?

thanks
regards
faisal_desperado
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#2
08-10-2009, 07:48 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by tango_acc</i>
<br />hi,
outbound freight incurred during selling, the cost is not COGS. the cost should be considered as what cost and where it should be reported?

thanks
regards

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Cost should be treated as Selling expense, under the head "selling and admin expense".

Regards,

shahid amin
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#3
09-03-2009, 04:52 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by faisal_desperado</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by tango_acc</i>
<br />hi,
outbound freight incurred during selling, the cost is not COGS. the cost should be considered as what cost and where it should be reported?

thanks
regards

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Cost should be treated as Selling expense, under the head "selling and admin expense".

Regards,


<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Good sir,
I agree with you, these expenses included in incomestatement
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