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This post addresses issues in general ledger coding.

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Do I need to code the "parts used" to repair a company forklift to a "parts" GL account or should I code it all together (with the labor expense) under equipment repair and maintenance account?

Also, is sales tax supposed to be charged to labor when repairing the forklift?

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Solution Summary

This solution explains the correct way to code parts used to repair equipment and how to treat sales tax expense.

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Do I need to code the "parts used" to repair a company forklift to a "parts" GL account or should I code it all together (with the labor expense) under equipment repair and maintenance account?

-- You wouldn't use a parts account for the purposes of fixing the company's own equipment. The parts that are used are part of the equipment repair and maintenance account. Also, I am assuming that the labor expense is because the company had to hire someone from ...

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