Which of the following is included in the major head of other expenses while preparing statement of profit and loss of a company?
A) Consumption of loose tools
B) Sale of services
C) Trade marks written off
D) Trade payables written off
E) Canteen expenses
F) Courier charges
G) Computer hiring charges
H) Commitment charges

AFG

STATEMENT OF PROFIT AND LOSS

I Revenue from operations
II Other income
III Total Revenue (I+II)
IV Expenses: Cost of materials consumed
                      Purchases of stock-in-trade
                      Changes in inventories of finished goods Work-in-progress and stock-in-trade
                      Employee benefits expense
                      Finance costs
                      Depreciation and amortisation expense
                      Other expenses
   Total expenses
V Profit before extraordinary items and tax (III-IV)
VI Exceptional items
VII Profit before extraordinary items and tax (V-VI)
VIII Extraordinary items
IX Profit before tax (VII-VIII)

All expenses that do not fit into the mentioned categories above are classified as "other expenses." These "other expenses" can be further categorized into three types: direct expenses, indirect expenses, and non-operating expenses.
* Sale of services is revenue from operations
* Trade marks written off is depreciation and amortization expenses
* Trade payables written off is other income
* Canteen expenses is employment benefit expenses
* Commitment charges is finance cost