Trending Content - Investment Banking Forum
| +183 | Return Rates For Interns Are Falling? | 77 | 10m |
| +128 | UBS Americas IB: The Kids’ Table of Wall Street | 16 | 20h |
| +99 | I am a drunk MD AMA | 37 | 3h |
| +76 | London IB BB is a challenge | 41 | 16h |
| +63 | VP Lifestyle at Top BB Coverage Groups | 40 | 5h |
| +63 | KISSED MY VP… HELP!!! | 15 | 2h |
| +57 | An Outsider’s View of RX Banking Out of College | 7 | 6h |
| +49 | SharePoint makes IB hours HELL | 15 | 2d |
| +46 | UBS Offer Day | 18 | 4h |
| +43 | momentum of Rx groups | 16 | 10h |
Career Resources
I would assume that "maintenance expense" would be the account name. As all expenses, it would be a temporary account, closed out to the income statement at the end of period, and would affect the cash flow statement through a change in net income.
It depends what the car is being used for.
If it's for inventory, the expense would be added to the inventory, so everything would affect the balance sheet and the CS if you used cash to purchase it.
If it's for indirect capital spending, the expense would have to depend on how big the expense is. If it totally revolutionizes the car, the expense would be added to the overall CAPX account in the B/S. If it's a minor repair, it would be added as a operating(?) expense on the I/S.
And if it's unrelated to the company, it wouldn't be on any sheet.
Facilis enim sed sunt voluptatibus in ducimus. Nihil atque temporibus delectus dolorum aut similique. Nulla tenetur illum aut quia libero. Doloremque pariatur eos est dolor. Numquam rerum quam voluptatibus doloremque. Cupiditate tempore ut provident. Repellendus qui delectus cumque quis totam. Perspiciatis eius velit corrupti nulla quia tempora odit eveniet.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...