7553
Mobile Charges
Overheads
Normal balance
Debit
This Overheads code records the cost of mobile 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
| 7552 | Computers & Software |
| 7551 | Internet Charges |
| 7550 | Telephone and Fax |
| 7600 | Legal Fees |
| 7601 | Audit Fees |