Chart of Accounts Auto Question

by Maarten Verwey
(Apple Valley Ca USA)

Chart of Accounts Auto Expense

Chart of Accounts Auto Expense

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


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Jun 06, 2018
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COA Answer
by: Stephanie

Thank you for your question about about expenses.

Yes, The payment made for DMV registration is an automobile expense.

Feb 24, 2011
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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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