As a Mechanic I bought Snapon Brand tools through a credit line last year.
Do I write off the amount I've paid towards that credit? Or do I write off the full credit?
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1 Best answer
MinhT
Expert Alumni
Jun 5, 2019 2:25:47 PM
You claim the full amount of the tools. It is considered that you have bought the tools and the credit line is only a payment facility.
1 Replies
MinhT
Expert Alumni
Jun 5, 2019 2:25:47 PM
You claim the full amount of the tools. It is considered that you have bought the tools and the credit line is only a payment facility.