Purchased machinery for cash Rs. 20,000 and paid Rs. 1,000 wages for
installation of Machinery.
Answers
Answered by
5
Answer:
Machinery a/c dr rs1000
To cash a/c rs1000
Explanation:
Machinery a/c is debited because unless the machinery is put to use, all the expenses made to start the working of machinery will be added in the cost of machinery and hence wages for the installation of machinery is added to the cost of machinery as without spending for installation, machinery will not start
Cash is real a/c and goes out so credited
Answered by
4
Answer:
machinery a/c Dr. 21,000
To cash a/c 21,000
Explanation:
Similar questions