Question

Mohan purchased a second hand machinery for Rs. 1,00,000 and paid Rs 1000 for repair of second hand machinery to put it into use. Which account should be debited and by what amount , if wages are paid for repair of a machine?​

Answer 1

Machinery A/c should be debited rs 1,01,000

This is bcoz all expenses made till the machinery is put to use are calculated in machinery A/c

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Answer 2

Answer:

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Explanation:

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