Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   How do I allocate the cost of a workshop error in my ledger (https://www.askmehelpdesk.com/showthread.php?t=805014)

  • Nov 24, 2014, 02:16 AM
    accountantnovic
    How do I allocate the cost of a workshop error in my ledger
    A staff member accidentally broke the rear drum of a customers vehicle which had to be replaced at company expense. How do I allocate this to my ledger accounts?
  • Nov 24, 2014, 09:10 PM
    paraclete
    Depending upon the circumstance
    Debit public liability expense credit cash
    Debit warranty expense credit cash
    Debit public relations expense credit cash

  • All times are GMT -7. The time now is 01:46 PM.