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LSDefine

Simple English definitions for legal terms

G & A

Read a random definition: defense au fond en droit

A quick definition of G & A:

Expense: Spending money, time, or resources to achieve a goal, especially in business. An expense is a cost that a business incurs during a specific period, which can be charged against revenue. Some expenses, like those for operating and promoting a business, are tax-deductible, while others, like capital expenses, are not. Examples of expenses include salaries, rent, utilities, legal and accounting services, medical treatment, and travel costs.

A more thorough explanation:

G & A

G & A stands for General Administrative Expense, which is an expense incurred in running a business, such as executive and clerical salaries, rent, utilities, and legal and accounting services. It is a type of overhead expense that is different from expenses incurred in manufacturing or selling. G & A is also known as administrative expense or general expense.

  • Executive and clerical salaries
  • Rent
  • Utilities
  • Legal and accounting services

For example, if a company has a team of executives and administrative staff who manage the day-to-day operations of the business, their salaries and benefits would be considered G & A expenses. Similarly, if the company rents office space or pays for utilities like electricity and water, those costs would also be classified as G & A expenses. Legal and accounting services, such as hiring a lawyer to review contracts or an accountant to prepare tax returns, would also be considered G & A expenses.

ganancial | gang

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HAPPY FRIDAY HAPPY UCLA DAY
what time would they release cuz west coast
BulbasaurNoLikeCardio
12:54
I hate that Vanderbilts portal gives no status
HopefullyInLawSchool
12:54
@VolatileClumsyAcolyte: did you apply YM to Brooklyn?
JumpySubsequentDolphin
12:57
@SplitterusClitterus: THEY BETTER HAVE AN A WAVE TODAYYY
glovediedthisishismom
12:57
kendrick lamar
glovediedthisishismom
12:57
album
JumpySubsequentDolphin
12:57
I think usually they release at like 1ish?
JumpySubsequentDolphin
12:57
@glovediedthisishismom: GNXXXX
babycat
12:59
I heard if you apply YM at Brooklyn specifically it’s the equivalent of like a 5 LSAT point boost
HopefullyInLawSchool
13:00
^^^^This
13:00
does anyone have any information on lsu? I have only heard of 1 person getting a decision and its driving me insane
HopefullyInLawSchool
13:01
Just info on their YM applications but nothing else
HopefullyInLawSchool
13:02
@BeFree03:
13:04
yeah thats all i am seeing as well. i have literally looked everywhere trying to find at least a time of day for decisions but theres nothing
CuriousPanda2362
13:04
I feel like it’s the calm before the storm
CuriousPanda2362
13:05
Big movement are bound to happen soon but it’s so eerily quiet
HopefullyInLawSchool
13:05
^^^^Me taking a dookie
CuriousPanda2362
13:05
Lmao
babycat
13:06
Ehh I think schools will prob release information on their YM applicants first before they even get to RD
babycat
13:06
I wouldn’t expect RD applicants to hear anything until after Thanksgiving bc they prioritize YM so heavily
HopefullyInLawSchool
13:06
I heard theyll do that at LSU but not 100% sure
2big2fail
13:09
berkeley status checker is so funny
13:11
berk today will be Huge if it happens
2big2fail
13:12
i think berkeley next wave will be in december
13:13
that is probable i just have a funny where i say “berk today” every single day
2big2fail
13:13
makes sense
@JumpySubsequentDolphin: TODAY IS OUR DAY also 1pm est or pst?
JumpySubsequentDolphin
13:14
YEAHHH SPLITTY. also PST
yo mama jokes will never not be funny
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