Administrative expenses
(Redirected from General expenses)
Administrative expenses (general expenses) are operating expenses such as general office expenses that are incurred indirectly in the selling of goods.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Administrative expenses (general expenses). Operating expenses such as general office expenses that are incurred indirectly in the selling of goods.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
