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Question

If a repairs expenditure has been carried on a machine & it has been debited to Machinery account, which account shall be debited to rectify the same?


A

Repairs account

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B

Machine account

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C

Cash account

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D

No rectification is required.

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Solution

The correct option is A

Repairs account


To record a repair or maintenance expense in your records, debit the repairs and maintenance expense account by the amount of the expense in a journal entry.


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