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Teesa66
Level 3

Chart of Accounts

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...

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Best answer January 20, 2021

Best Answers
Rustler
Level 15

Chart of Accounts

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

View solution in original post

1 Comment
Rustler
Level 15

Chart of Accounts

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

View solution in original post

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