Repairs and Renewals
We were very late in getting our accounts to the accountant for tax purposes this year, largely due to husband's drawn-out illness. I really hate the time of year when we have to do the trial balance for the business. As my friend, who's really more into these matters than I, says they don't call it a TRIAL balance for nothing. One item that came up was "Repairs and Renewals". It got me thinking as we've had so many this year in the house. Son tore a large-ish hole in his pyjamas, "But they are my favourite!" So Mum (ie me) ended up mending (ie repairing) it. There was one week several items of textile (I can't remember what now) needed either repairs or buttons sewn back on, etc. I was actually quite proud of myself: instead of chucking these items out, we (ie I) repaired those. The washing machine went wonky. Do we buy a new one or have it repaired? It turned out that husband has bought insurance cover on its repair. Great! One phonecall was a