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Organization Expenses Breakdown: Monthly Allowances, Rent, Utilities, and Fees, Quizzes of Accounting

Jomo Kenyatta University of Agriculture and Technology Accounting

Financial ManagementCost AccountingBudgetingCorporate Finance

A detailed breakdown of an organization's monthly expenses, including allowances, rent, utilities, and various fees. Categories include maintenance, rent, electricity, postage, telephone, legal fees, promotion, renumerations, professional fees, transport, loan premium, interest on loans, drawings, and miscellaneous. Total expenses amount to 421,810.

What you will learn

What is the total amount spent on maintenance?
What is the total amount spent on utilities (electricity, telephone, postage)?
How much is spent on rent each month?

Typology: Quizzes

2019/2020

Uploaded on 12/08/2021

sharp-writers 🇰🇪

5 documents

1 / 1

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Partial preview of the text

Download Organization Expenses Breakdown: Monthly Allowances, Rent, Utilities, and Fees and more Quizzes Accounting in PDF only on Docsity! a) Organization Expenses Item Description Monthly Allowance Total Amount Maintenance 600 1 600 Rent 30,000 3 90,000 Electricity 5,000 3 15,000 Postage 5,000 2 10,000 Telephone 1,300 1 1,300 Legal fees 1,000 3 3,000 Promotion 15,000 1 15,000 Renumerations 97,000 1 97,000 Professional fees 400 1 400 Transport 20,000 1 20,000 Loan premium 65,000 1 65,000 Interest on loans 13,000 1 13,000 Drawings 30,000 2 60,000 Miscellaneous 31,110 1 31,110 Total 421,810

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