7551
Internet Charges
Overheads
Normal balance
Debit
This Overheads code records the cost of internet charges 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
| 7550 | Telephone and Fax |
| 7552 | Computers & Software |
| 7553 | Mobile Charges |
| 7503 | Books etc. |
| 7502 | Office Stationery |