7009
Adjustments
Overheads
Normal balance
Debit
This Overheads code records the cost of adjustments incurred in running the business. As an expense account, it normally carries a debit balance: debit entries increase the balance (recording new costs) and credit entries decrease it (for example, correcting an error or a refund received).
Other codes in Overheads
| 7008 | Recruitment Expenses |
| 7010 | SSP Reclaimed |
| 7007 | Employers Pensions |
| 7011 | SMP Reclaimed |
| 7006 | Employers N.I. (Non-Directors) |