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Answer in One Sentence Only. What Do You Mean by Direct Expenses? - Book Keeping and Accountancy

One Line Answer

Answer in one sentence only.
What do you mean by direct expenses?

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Solution

These are the expenses that are incurred in connection with production or manufacturing of goods and services. It also includes the expenses incurred to bring the purchased goods at its place of business for the purpose of sale. For example, wages, carriage/freight inward etc. All the direct expenses are debited to the Trading Account.

Concept: Effects of Adjustments-Closing Stock
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