Income Statement Sales Salaries Expense

That really depends on what type of income statement you re looking at.

Income statement sales salaries expense. Costs of selling packing and shipping goods to customers are treated as operating expenses related to the sale. In an income st. Selling general and administrative expenses sg a are reported on the income statement as the sum of all direct and indirect selling expenses. However there are several generic line items that are commonly seen in any income statement.

Selling general administrative expense sg a. The income statement may have minor variations between different companies as expenses and income will be dependent on the type of operations or business conducted. Salaries and wages are forms of compensation paid to employees of a company. Under the accrual.

Selling general administration etc are part of the expenses reported on the company s income statement. On an internal income statement the type upper management looks at but is not released to the general public the salary expense sits on its own line like so. Selling expense is also known as sales expense. The most common income statement items include.

Under the accrual method of accounting the account salaries expense reports the salaries that employees have earned during the period indicated in the heading of the income statement whether or not the company has yet paid the employees. Salaries and wages as expenses on income statement. Salaries and wages of a company s employees working in nonmanufacturing functions e g. For example if your small business paid 200 000 in salaries and commissions to your sales staff and 30 000 in advertising you would report these as selling expenses in the operating expenses section of the income statement.