Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

G & A

Read a random definition: nonrefund annuity

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

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.