7402
Hotels
Overheads
Normal balance
Debit
This Overheads code records the cost of hotels 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
| 7401 | Vehicle Hire |
| 7403 | U.K. Entertainment |
| 7400 | Travelling |
| 7404 | Overseas Entertainment |
| 7405 | Overseas Travelling |