October 30, 2016 admin

Miscellaneous Expense

Expenses

MISCELLANEOUS EXPENSE EXPENSE ACCOUNT
8820/8825/8841

ACCOUNT EXPLANATION
Expenses of operation of the dealership which are not specifically provided for elsewhere in this Manual. Includes gifts and flowers to employees, Christmas party expense, training of administrative employees, help wanted ads, dues and subscriptions, employee overtime meals, bank service charges, safe deposit rentals and amortization of organization expense.
TRANSACTIONS
  Jrnl. Dr. Cr.
  Bank service charge CD
    Miscellaneous Expense 8820
    Miscellaneous Expense—Service—QL/FL/QCSC 8825
    Miscellaneous Expense—Parts—QL/FL/QCSC 8841
      Cash in Bank—General 1001
             
  Christmas party expenses CD
    Miscellaneous Expense 8820
    Miscellaneous Expense—Service—QL/FL/QCSC 8825
    Miscellaneous Expense—Parts—QL/FL/QCSC 8841
      Cash in Bank—General 1001
             
  Florist’s invoice on open account P
    Miscellaneous Expense 8820
    Miscellaneous Expense—Service—QL/FL/QCSC 8825
    Miscellaneous Expense—Parts—QL/FL/QCSC 8841
      Accounts Payable—Trade 2100
COMMENTS
  • Charges to this account should be restricted to expenses that are not specifically provided for elsewhere in this Manual. If charges to this account are significant in total, a detailed analysis should be made.
  • For departmentalization purposes, items in this account should be charged to operating departments where applicable. The remainder should be distributed to Unapplied Expenses. See Departmentalization for further information.