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-   -   Damages to rented cars (https://www.askmehelpdesk.com/showthread.php?t=267282)

  • Oct 8, 2008, 05:43 AM
    sistaine_ann
    Damages to rented cars
    How to book amount paid for damages to cars rented only?
  • Oct 8, 2008, 07:33 AM
    JudyKayTee
    Quote:

    Originally Posted by sistaine_ann View Post
    how to book amount paid for damages to cars rented only?


    I don't understand the question - could you rephrase it?
  • Oct 9, 2008, 07:22 AM
    sistaine_ann
    Quote:

    Originally Posted by JudyKayTee View Post
    I don't understand the question - could you rephrase it?


    Our company rents a car. Then I would enter it as rent expense in the books. Now the car we rented got a damage w/c we paid in addition to the rent. So my question is how should I record the amount paid for the damage? Will it be part of the rent expense or should I record it under repairs and maintenance-vehicle expense?

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