Accountancy, asked by atul9971210293, 26 days ago

Repairs to machinery in which account of final account ?​

Answers

Answered by itzdreamer44
1

At the end of an accounting period, add up the total repairs and maintenance expenses you have recorded during the period. Write “Repairs and maintenance expense” and the total amount as a line item in the operating expenses section of your income statement.

Answered by kodre
2

Answer:

it is posted on the debit side of P& L account

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