Out of the following list, what would be considered selling expenses and what would be administration exp?

Question

Rent Expense

Advertising Expense

Telephone Expense

Supplies Expense

GST Expense

Renovation Expense

Interest Expense

Answer 1

Administrative Expenses :

Rent Expanses

Telephone Exps.

Renovation Exps.

Interest Exps.

Selling Exps:

Gst expense

Advertising expense

Supplies expense

Answer 2

Administrative Expenses :

Rent Expanses

Telephone Exps.

Renovation Exps.

Interest Exps.

  Rest are the Selling Exps.

Answer 3

First off what are you selling? If any of these things you have listed are used for resell, that is your selling expense. The rest is broken down into Building, advertising, cleaning supplies for store, or janitorial, telephone is a utility expense, Renovation expense would be your building manitence, Intrest expence would be either bank fee's or is it intrest earned? You also do not have postage listed, for doing anytyope of mailing. So there is another expense there.I have no clue what you mean by GTS expense, suppiles, are evenvelopes, boxes, ect. without knowing what your business is, I can not answer you any more than that.

I suggest get a good bookkeepper wh oknows what they are doing.