{"id":109249,"date":"2023-10-17T09:19:02","date_gmt":"2023-10-17T09:19:02","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/where-would-period-costs-be-found-on-the-financial-statements\/"},"modified":"2023-10-17T09:19:02","modified_gmt":"2023-10-17T09:19:02","slug":"where-would-period-costs-be-found-on-the-financial-statements","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/where-would-period-costs-be-found-on-the-financial-statements\/","title":{"rendered":"Where would period costs be found on the financial statements?"},"content":{"rendered":"

Where would period costs be found on the financial statements?<\/p>\n

Period costs are expenses incurred by a company that are not directly linked to the production of goods or services. These costs are typically associated with the general operations of the business and are recorded on the financial statements in specific sections. Let’s explore where period costs can be found on the financial statements and understand their significance.<\/p>\n

Period costs are classified into three main categories: selling expenses, administrative expenses, and general expenses. Each category represents different aspects of a company’s day-to-day operations and can be found in various sections of the financial statements. Here is a breakdown of where period costs are typically reported:<\/p>\n

1. <\/p>\n

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