Vinyl expenses

Vinyl Print and cooling film for Shop`s front glass, in which head will book the expenses. amount of rs: 3890/-

 

what will be the entry?

Replies (4)
Quick Summary
This discussion clarifies the accounting treatment for vinyl printing and cooling film expenses for a shop's front glass. The consensus is that this cost should be classified under indirect expenses, specifically within Repairs & Maintenance. The correct journal entries for both credit and cash transactions are provided, detailing the debit and credit accounts involved.

It will be charged under indirect expenses
Will be charged under Repairs & Maintenance

sir, are u sure is it repairs and maintenance exp 

When credit transaction

Repair & Maintenance A/C Dr 

To Supplier A/C

(Being Expenses incurred for .............)

At the time of payment 

Supplier A/C Dr

To Cash/Bank A/C

(Being Amount paid to Supplier for Exp......against Invoice. No..........)

When cash transaction

Repair & Maintenance A/C Dr 

To Cash/Bank A/C

(Being Amount paid to Supplier for Exp......against Invoice. No..........)

 

 

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