Where do these charges belong on the financial statements?

May 09, 2005 2 Replies

Can someone recommend a book or other publication that explains were certain company expenses belong on a company's income statement or balance sheet? For example, do call center charges belong in cost of sales or as a period cost for a Internet company that takes orders over their web site and over their toll-free telephone number. I figure there must be a publication for companies and/or auditors which outlines this. Thanks!



Mike



GAAP. You can try the Wiley version.

You may also want to try a good Intermediate Accounting text. I grew up with Kieso and Weygandt... and still refer to it.

Good luck, Russell Tuncap, CMA, CPA

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