State whether the following statements are true or false with reason:S

1.	State whether the following statements are true or false with reason:Salary Account comes under Indirect expenses.
Answer» This statement is True. When the expenses are made for the purchase of goods, and for the manufacturing process, they are known as a direct expense. Salary does not fall in that category and so it comes under the indirect expense category.

State whether the following statements are true or false with reason:Salary Account comes under Indirect expenses.

Answer»

This statement is True.

When the expenses are made for the purchase of goods, and for the manufacturing process, they are known as a direct expense. Salary does not fall in that category and so it comes under the indirect expense category.

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State whether the following statements are true or false with reason:Salary Account comes under Indirect expenses.

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