061 Other Supplies

Expenses

Semi-Fixed

Synopsis

The cost of miscellaneous supplies and related shipping charges are properly recorded in Account 061, Other Supplies.

Debits

Credits

Cost of solvents, cleaning materials, rags, etc.
Cost of small tools
Cost of janitorial supplies
Cost of supplies not otherwise provided for

Example 1

Record the purchase of $379 of paper mats used in customer cars when they are in for service.

Journal: Purchase

Entry:		Debit	Credit
Account 061-05	Other Supplies – Mechanical Department	$379
Account 300	Accounts Payable – Trade Creditors		$379

Example 2

Record the cost of miscellaneous small tools in the amount of $489.

Journal: Purchase

Entry:		Debit	Credit
Account 061-05	Other Supplies – Mechanical Department	$489
Account 300	Accounts Payable – Trade Creditors		$489

Distribution of Expenses

	Departmental Distribution
061 Other Supplies	New Veh.	Used Veh.	Lease & Rental	Mechanical	Body Shop	Parts & Access.	Gen & Admin.
	01	02	03	05	06	07	09
Small tools and expendable materials for the service department				Usage	Usage
Janitor supplies, light bulbs, etc.	Usage	Usage	Usage	Usage	Usage	Usage	Usage

Comments

The distribution of Other Supplies expenses should be according to the Expense Distribution Table above. The Department which incurs the expense or benefits from the expenditure should be charged directly whenever possible. Otherwise, Other Supplies expenses should be pro-rated among the Departments involved.

Departmental Distribution