Hospitality
Linen and Terry Amortization
Monthly expense for the gradual wear and tear of bedsheets and towels.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Operating Supplies Expense: Linen | Expense (+) | 400.00 | - |
| Linen/Terry (Operating Asset) | Asset (-) | - | 400.00 |
💡 Accountant's Note
In hotels, linen isn't 'inventory' that is sold; it is an operating asset. It is capitalized and then amortized (expensed) over its useful life (usually 12-24 months).
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