Chart of Accounts Question

by Maarten Verwey
(Apple Valley Ca USA)

Is the Department of Motor Vehicles (DMV) expence a fee or automobile expence?

The payment made for DMV registration is an automobile expense.

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Feb 24, 2011
Gift Certificate
by: Anonymous

I sell a gift certificate, when the customer redeems the certificate to what receivables account do I adjust this difference from my daily sales?

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