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    sistaine_ann's Avatar
    sistaine_ann Posts: 3, Reputation: 1
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    #1

    Oct 8, 2008, 05:43 AM
    Damages to rented cars
    How to book amount paid for damages to cars rented only?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Oct 8, 2008, 07:33 AM
    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?
    sistaine_ann's Avatar
    sistaine_ann Posts: 3, Reputation: 1
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    #3

    Oct 9, 2008, 07:22 AM
    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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