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Some costs cannot be directly related to particular revenues but are incurred to obtain benefits that are exhausted in the period in which the costs
Some costs cannot be directly related to particular revenues but are incurred to obtain benefits that are exhausted in the period in which the costs are incurred. An example of such a cost is Salespersons' commissions. Transportation to customers' places of business. Prepaid insurance. Salespersons' monthly salaries
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
