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What is "Miscellaneous"? What items do "miscellaneous expenses" include?

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تم إضافة السؤال من قبل Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union
تاريخ النشر: 2015/08/11

Miscellaneous expense are costs that are grouped together as an account in the general ledger because of a lower monetary value.

In other words it is incidental expense of a business, not classified as manufacturing, selling, or general and administrative expenses. It is presented on an income statement after operating income. Miscellaneous expenses are immaterial and does not seem appropriate, consider opening a new account to capture the expenses.

Examples (depending on each individual entity) may include travel expenses, expenses for business consultations, and appraisals to determine a casualty loss, meals.

Imdad Hussain Rajput
من قبل Imdad Hussain Rajput , Assistant Sales Manager , Forego

Miscellaneous are items of low value which can not be written separately in books of accounting.... 

Coffee expenses, Disposable glasses, MS Office disc, Staples etc  

Sayed Rubab Sayed
من قبل Sayed Rubab Sayed , Finance Officer , The Next

Agree with above answer..........................

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