Rs 1000 paid for repairs to building have been debited to Building account. Which account shall be debited while rectification?
Wages account
Cash account
Repairs account
Building account
Repairs to building should be debited to Repairs account.
Repairs to building Rs 300 were debited to Building account. Which of the following is correct with regards to its rectification?
Rs 1000 paid for installation of a new machine is debited to Repairs account. Which accounts shall be debited & credited?
Following transactions have occurred. Find the total expenditure to be carried to Repair expenditure.
`- Rs 500 paid for installation of machinery was debited to wages account
`- Rs 5000 paid for extension of building was debited to repairs account
`- Rs 2000 paid for repair of an existing machine was debited to machinery account