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Club accounts help please
by sorecauvanesa Junior Cert Business Studies — 13/06/16 3

Does repairs go in the income and expenditure account or the balance sheet


3 Comments
EH458 — 12/06/16
Pretty sure its income and expenditure
sorecauvanesa — 12/06/16
Thank you
barcelona — 13/06/16
that would be an expenditure as it's not an asset,liability or financed by. it was paid. if it said repairs dur then it would show up in balance sheet as a liability. best of luck!!!
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