What expense category do plants come under?

Audrey CarrollAudrey Carroll, Senior Manager, Accounting, Ramp

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There is no definitive answer to this question, as the expense category for plants can vary depending on the business and the type of plant in question. However, some common expense categories for plants include:

Supplies

Plants may be classified as supplies if they are purchased for use in the business, such as for office decor or to be sold as part of the business. For example, a florist would likely classify the plants they purchase as supplies.

Equipment

Plants may also be classified as equipment if they are necessary for the business to function. For example, a greenhouse or nursery might classify the plants they grow and sell as equipment.

Other

In some cases, plants may fall into another expense category entirely, such as advertising or rent. For example, a plant rental company might classify the plants they rent out as part of their advertising budget, as the plants help to attract customers.

Ultimately, the expense category for plants will vary depending on the business and the type of plant. The best way to determine the correct expense category for plants is to speak with a business owner or finance team.

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SVP Finance & Strategy, Barry's

The information provided in this article does not constitute legal or financial advice and is for general informational purposes only. Please check with an attorney or financial advisor to obtain advice with respect to the content of this article.

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