How to categorize expenses in an income statement?



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Dear Sir,

My question is, the example taken is for the Food industry but what about for the service industry and more over for manufacturing industries where in there is lot involvement of various expenses. Where to categorise those expenses and how to understand the Income statement or the other statements of the company.

2 Answer(s)


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Jignesh, Yes we had to pick 1 industry to illustrate in the course. Even though in other industries there might be additional line items, the basic idea is always the same. If you would like to discuss other industries, we can schedule a phone call and you can discuss these questions.

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ya sure i will surely do that later on, thank you