Lets say you receive an invoice from a vendor who is charging you for car repairs on
Fantastic news! We've Found the answer you've been seeking!
Question:
Lets say you receive an invoice from a vendor who is charging you for car repairs on a van the company owns. The invoice total includes parts, labor, and other fees. Are all these parts, labor, and other costs recorded all as expenses? Would the transaction for all these costs be a debit to expenses and credit to cash?
Posted Date: