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In the Statement for Profit and Loss, the audit fees paid by the company will be shown under which of the following category?

Q: Answer-In the Statement for Profit and Loss, the audit fees paid by the company will be shown under which o...

Administrative expenses are the cost related to general day-to-day administration of the business. Examples include insurance, postage, printing stationery etc.

A Finance expense

B Employee benefit expense

C Administrative Expense

D Selling & Distribution Expense

E Any of the above

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In the Statement for Profit and Loss, the audit fees paid by the company will be shown under which of the following category?

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