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    MR_YAN's Avatar
    MR_YAN Posts: 1, Reputation: 1
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    #1

    Mar 17, 2010, 09:52 AM
    Redistribute from misc to accounts
    When I redistribute expenses from misc to the appropriate expense accounts, do I debit misc and credit the accounts in a journal entry?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Mar 17, 2010, 02:50 PM

    Other way around. Expenses are debit accounts, so if you debit misc you're actually more to it rather than taking it out. So you need to credit that and debit wherever you want it to go.
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