top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration Why to Join

Facebook Login
Site Registration

What are operating expenses and non operating expenses?

+1 vote
6 views
What are operating expenses and non operating expenses?
posted Jun 22, 2017 by Anurag Kashyap

Share this question
Facebook Share Button Twitter Share Button Google+ Share Button LinkedIn Share Button Multiple Social Share Button

1 Answer

0 votes

Operating Expenses
Operating expenses are the costs a business incurs as part of its regular business activities, not including the cost of goods sold. These costs include administrative expenses such as office supplies and salaries for administrative personnel. Commissions and advertising are examples of sales expenses. You also have general operating expenses such as rent and utilities.

Non-Operating Expenses
Some business expenditures are incurred for reasons that don’t involve normal business operations. One example of a non-operating expense is interest on borrowed money. Non-operating expenses also include one-time or unusual costs. The expenditure required for a business reorganization or to pay expenses due t a lawsuit are examples. Charges for obsolescence of equipment or currency exchange are also non-operating expenses.

answer Jun 23, 2017 by Raghav Choudhary
Contact Us
+91 9880187415
sales@queryhome.net
support@queryhome.net
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Bangalore-560102
Karnataka INDIA.
QUERY HOME
...