Classify the following situations as costs or expenses: Deterioration of raw material stock due to flood. Remuneration for the time of personnel on...
Classify the following situations as costs or expenses:
Deterioration of raw material stock due to flood.
Remuneration for the time of personnel on strike.
Generation of scrap in the production process.
Accidental and unforeseeable damage to a batch of material.
Recognition of a duplicate as non-receivable.
Expenses with the development of new products and processes.
Expenses with fire insurance.
Consumption of packaging.
13. P
14. P
15. C
16. P
17. -
18. D or I
19. C or D
20. C
Deterioration of raw material stock due to flood.
Remuneration for the time of personnel on strike.
Generation of scrap in the production process.
Accidental and unforeseeable damage to a batch of material.
Recognition of a duplicate as non-receivable.
Expenses with the development of new products and processes.
Expenses with fire insurance.
Consumption of packaging.
13. P
14. P
15. C
16. P
17. -
18. D or I
19. C or D
20. C
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Ed 
Deterioration of raw material stock due to flood - C (Expense) Remuneration for the time of personnel on strike - C (Expense) Generation of scrap in the production process - C (Expense) Accidental and unforeseeable damage to a batch of material - C (Expense) Recognition of a duplicate as non-receivable - D or I (Cost or Income) Expenses with the development of new products and processes - C (Expense) Expenses with fire insurance - C (Expense) Consumption of packaging - C (Expense)
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