Question

Paid 400rs for repairs of machinery

Answer 1

PAID CASH ₹400 FOR REPAIR OF MACHINERY...


IT MEANS CASH IS GOES OUT OF THE BUSINESS IN THE FORM OF REPAIR OF MACHINERY...

SO JOURNAL ENTRY WILL BE


REPAIRS A/C DR.. 400


TO CASH A/C ...... 400


( BEING CASH PAID ON REPAIRS OF MACHINERY )

Answer 2

Repairs account dr 400
to cash account 400
(being cash paid for repairs)