Which account does general expense belong to
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General expenses are categorized as indirect expenses on a company'sincome statementbecause they do not contribute directly to the making of a product or delivery of a service.
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Many direct day out day issue that the business may not be tied to a specific function or department within company. General expense pertain to operational overhead expense that impact the entire business . Adminstrative expense and general expense that cannot be directly tied to a specific function within the company such as manufacturing , production or sale . G&A expense include rent , utilities , legal fees , insurance and certain salary.
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