USA Question about expenses


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I am an engineer who is trying to learn basic accounting & how to read balance sheets, P & L, Cash Flow etc.

Let's say a door in the company's office has problems & the company gets a carpenter to fix it & pays him a 100$. Does this expense feature in the Income/P&L statement.


Let's say a some manufacturing equipment breaks down & the company has to pay 200$ to fix it. Does this expense feature in the Income/P&L statement.

In either case if the answer is year, under what head does it appear?
 
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Joined
Jul 11, 2019
Messages
4
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0
Country
India

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