by Suzanne
(Penticton, Canada)
Office Repairs and Moving Fees
What things can we generally record to the repair and maintance account?
I am facing an unusual situation:
My boss tried to repair something in his office by himself even though he is not a repair guy. He bought some protective gloves and clothing, a drill, screw driver, drill bits, wrench, copper pipes, gypsum board, saw and many more - ranging in prices from $2 to $200 for each items.
The bad news, he ended up not being able to fix it and ended up hiring a repair person to do everything over again costing $5,000.
Can all the expenses be claimed on this?
What account do bookkeepers usually put rearranging furniture in the office to?
My boss was doing some reorganization in his office and he hired a person to move the furniture from one end of the office to the other for $600.
Where does this moving fee go to?
Does it matter how expenses are classified? Can newspaper subscription fees be put in the office account instead of opening an account called newspaper subscriptions?
Comments for Office Repairs, Moving and Subscriptions Fees
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