Difference Between Sundry Expenses And Miscellaneous Expenses
I n fact, t here is no difference b etwee n sundry expenses and miscellaneous expenses as t hese Accou nting Terms s how those Expe nses w hich are occurred rare, irregular or i nfrequent in small amounts duri ng t he daily Busi ness Transactions . As t h ese expenses are not significant, so all of t hese small expe nses are collectively recorded in Sundry Expenses or Miscellaneous Expenses General Ledger Account. In ot her words, if these are i nfrequent, irregular in nature and in small amounts, t he n t hese are treated as Su ndry Expenses or Miscellaneous Expenses in Accoun ting . A list of Sundry Expenses Examples include b a nk fees, postage stamps expenses, printing fees, petrol and diesel expenses, repair & maintenance fees of office equipment suc h as repair a pri nting mac hi ne t hat did not print well, etc. Usually, t h e sundry expenses or miscellaneous expense accounts are recorded in Income Statement as General And Administrative Expen...