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Is loss on unwanted furniture an example of an operating expense?
0
sridhar
Why is the loss on unwanted goods sold / discarded treated as an operating expense
Operating Expense
Non Operating Expense
Capex
Capital Expenditure
Sep 01 2012 07:22 PM
1 Answer(s)
0
Binny
Sridhar, goods/raw-material (sold or discarded) are the key basis of the operations of the company. They constitute pretty much everything that the company's operations are based on.
Sep 03 2012 03:39 PM
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