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- Mar 25, 2014
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My husband is an owner/operator truck driver. His income is purely service based - the delivery of the load. We have an expense I'm not sure where to charge to. He damaged a loading door by accident and we paid $1000 to repair the door. I am struggling with what account to apply this expense to. Would it just be a normal expense (repairs) since we don't really have a COGs accounts or would it be condsidered cost of labor? My repairs account is reserved for actual truck repairs and I don't want to artifically inflate that account. Please help as i want my books to make sense.