7701
Office Machine Maintenance
Overheads
Normal balance
Debit
This Overheads code records the cost of office machine maintenance 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
| 7700 | Equipment Hire |
| 7702 | Equipment Leasing |
| 7703 | Leasing Costs |
| 7606 | Software Subscriptions |
| 7605 | Management Charges Payable |