50 – Training

Operating Expenses

Synopsis

Account 50

Remarks:

Typical expenditures charged to this account would be for: tuition, transportation, training materials, meals, and lodging for employees attending schools and conferences, sales aids kits such as facts books and color and upholstery charts/books, visual aids such as production films, slides, and video tapes; and service and technical club memberships.

Salaries and wages of employees in a training program should not be charged to this account but should be charged to Absentee Compensation (Account 24).

Expenses in this account should be charged to the appropriate operating department.  For employees providing services to more than one department, expenses should be prorated on an equitable basis.

Note: