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Junior Member
2 x business - how to allocate petrol expense between the two businesses?
Probably another stupid question - but ..... I am running two businesses at the same time and both incur petrol expense. How do I allocate the costs between the two businesses if I fill up with petrol and use that petrol for both businesses? I know I must keep a log book of kms travelled but how do I split the cost of the petrol (i.e - to which business do I enter the petrol as an expense?)
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