10,000 paid as wages for the renovation of a cycle shed should be debited to (1) wages A/c (2) Repair A/c (3) case A/c (4) suspense A/c
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1 wages
because wages is mentioned in the question.
wages is a nominal account
nominal amount means
debit all expenses and loses
credit all income and gains.
wages is a expenditure to business so it is to be debited
because wages is mentioned in the question.
wages is a nominal account
nominal amount means
debit all expenses and loses
credit all income and gains.
wages is a expenditure to business so it is to be debited
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