Categorising expenses

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15 Terms

1
New cards

What are business rates?

Operating expenses paid for occupying a premises (e.g. shop, office, warehouse etc)

2
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What type of expense is this: Post

Distribution cost

3
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What type of expense is this: Clothes

Cost of sales

4
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What type of expense is this: Wages and salaries

Administrative expense

5
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What type of expense is this: Electricity

Administrative expense

6
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What type of expense is this: Corporation tax

Tax expense

7
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What type of expense is this: Insurance

Administrative expense

8
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What type of expense is this: Bank interest

Finance cost

9
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What type of expense is this: Maintenance

Administrative expense

10
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What type of expense is this: Business rates

Administrative expense

11
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What type of expense is this: Homeware

Cost of sales

12
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What type of expense is this: Packaging

Distribution cost

13
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What type of expense is this: Advertising

Administrative expense

14
New cards

What type of expense is this: Cleaning services

Administrative expenses

15
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What type of expense is this: Telephone / internet

Administrative expenses