Rs 460 paid for repairs of a 2nd hand machinery before buying it shall be debited to ___ Account.

Machinery account

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Expense account

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Repairs account

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None of the above

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Solution

The correct option is A
Machinery account

Repairs before buying the machinery shall be debited to Machinery account.

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Similar questions

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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?

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Rs 460 paid for repairs of a 2nd hand machinery before buying it shall be debited to ___ Account.

The correct option is A Machinery account Repairs before buying the machinery shall be debited to Machinery account.

The correct option is A
Machinery account

Repairs before buying the machinery shall be debited to Machinery account.