Repairs to building Rs 300 were debited to Building account. Which of the following is correct with regards to its rectification?

It is correct

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Building account shall be credited

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Repairs account shall be debited

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Both B & C

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Solution

The correct option is D
Both B & C

Rectification entry
Repairs A/c Dr
To Building A/c

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Repairs to building Rs 300 were debited to Building account. Which of the following is correct with regards to its rectification?

The correct option is D Both B & C Rectification entry Repairs A/c Dr To Building A/c

The correct option is D
Both B & C

Rectification entry
Repairs A/c Dr
To Building A/c