Question

The Account in which selling expenses of business are recorded

Answer 1

Answer:

Presentation of Selling Expense

You would normally report selling expenses in the income statement within the operating expenses section, which is located below the cost of goods sold

Answer 2

Answer:

The Account in which selling expenses of business are recorded in profit and loss statement.

Explanation:

A profit and loss statement exists as a record of revenue and expenses incurred by a business in a provided period. A profit and loss statement exists also called a P&L, an income statement, a statement of profit and loss, an income and expense statement, or a statement of financial results.

Selling expenses exist as the costs associated with distributing, marketing, and selling a product or service. They exist one of three types of expenses that create up a company's operating expenses.

Normally report selling expenses in the income statement within the operating expenses section, which existed located below the cost of goods sold.

Hence, The Account in which selling expenses of business are recorded in profit and loss statement.

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