What Are Administrative Expenses?

These represent all expenses of administrative nature which are required to be incurred in order to manage a particular business. These may include: Salaries, wages, and amenities¬† (administrative staff) Travelling (administrative staff) Rent, rates, and taxes (head office/ administrative buildings) Insurance (head office/ administrative buildings) Printing & stationery expenses Postage and communication expenses Vehicles running … Continue reading What Are Administrative Expenses?