Ask Experts Questions for FREE Help !
Ask
    accountantnovic's Avatar
    accountantnovic Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 24, 2014, 02:16 AM
    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?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
     
    #2

    Nov 24, 2014, 09:10 PM
    Depending upon the circumstance
    Debit public liability expense credit cash
    Debit warranty expense credit cash
    Debit public relations expense credit cash

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

How do I un-allocate a partition? [ 1 Answers ]

I recently replaced my motherboard with one that can burn a full recovery to an unallocated portion of the drive on which the OS resides. My hard drive had 5 partitions; operating system, programs, data, multimedia and working. I deleted the first 2 and reloaded the operating system and then...

How can I set up my MS VPN to allocate an alternate destination? [ 1 Answers ]

Hello, I am in the process of moving some of my application files and the user profiles with that application from one server to another to free up space on my domain controller. I have tested my brainstorm of simply deleting the application settings for that user from the domain controller and...


View more questions Search