7503
Books etc.
Overheads
Normal balance
Debit
This Overheads code records the cost of books etc. 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
| 7502 | Office Stationery |
| 7501 | Postage and Carriage |
| 7500 | Printing |
| 7550 | Telephone and Fax |
| 7551 | Internet Charges |