Hi! Just trying to figure out if I really need both Furniture & Fixtures and Machinery & Equipment accounts. We're an automotive repair shop with a few offices, so I don't know if I can just include the few office furniture expenses in with M&E or not...
You can but it is better to keep them separated. Those accounts should be used for things which are not subject to accumulated depreciation. Lamps, trash cans, etc etc
You can but it is better to keep them separated. Those accounts should be used for things which are not subject to accumulated depreciation. Lamps, trash cans, etc etc
