October 30, 2016 admin

Training—Service

Expenses

TRAINING—SERVICE EXPENSE ACCOUNT
7740/7940

ACCOUNT EXPLANATION
Costs of training employees of the service department, including technicians. Includes tuition, travel, meals and lodging resulting from attendance at training schools, as well as training materials and visual aids purchased for use in the service department.
TRANSACTIONS
  Jrnl. Dr. Cr.
  Parts accounting billing for training apprentice technicians at Ford Marketing Institute P
    Training—Service 7740
    Training—Service—Quick Lane 7940
      Accounts Payable—Trade 2100
             
  Apprentice technicians’ travel, meals and lodging expenses incurred in attending Ford Marketing Institute training course CD
    Training—Service 7740
    Training—Service—Quick Lane 7940
      Cash in Bank—General 1001
COMMENTS