Accountancy, asked by adarsh7867, 6 months ago

an amount of repair to building is debited to building account which type of error is this?​

Answers

Answered by saratbaral2020
1

Answer:

Amount spent on repairs to buildings should be treated as capital expenditure and must be debited to the Buildings account. This is an error of principle. These errors do not affect the trial balance.

Answered by vsvasishtha
0

Answer:

Amount spent on repairs to buildings should be treated as capital expenditure and must be debited to the Buildings account. This is an error of principle. These errors do not affect the trial balance

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