Hi
Pass the journal entry
Paid wages in cash for installation of machinery for RS.2500
thebananaboy:
Machinery A/C Dr. 2500 To Cash A/C (Being installation charges for machinery paid)
You have to capitalize the expense here into the asset accounts, note that carefully - you don't show it as a different expenses.
K tq so much
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what to do with it .. is there anything to solve in this
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Machinery A/c - Dr. 2500
To Cash A/c 2500
(Being installation charges paid on machinery capitalized)
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