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    monte sereno's Avatar
    monte sereno Posts: 1, Reputation: 1
    New Member
     
    #1

    Jun 28, 2008, 10:07 AM
    What account do I charge
    I work at a beauty salon. What accounts do I debit/credit the following items:
    Weekly Flowers for the lobby
    Decorations
    Pottery for outside and potted plants
    Products for resale
    Criado's Avatar
    Criado Posts: 142, Reputation: 15
    Junior Member
     
    #2

    Jun 28, 2008, 10:35 AM
    I suggest you debit Miscellaneous Expense for:
    -Weekly Flowers for the lobby
    -Decorations
    -Pottery for outside and potted plants

    For Products for resale you should debit Inventories.

    You should credit cash if you paid in cash; or credit Accounts Payable when purchased on account.

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