Rs 1000 paid as installation charges of a new machine has been debited to repairs account
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Retification of erros
Wrong entry
Repairs A/c Dr 1000
To Cash A/c 1000
------------------------------------------------------------
Correct entry
Machine A/c 1000
To cash A/c 1000
-------------------------------------------------------------------
Rectified entry
machine A/c 1000
To repairs A/c 1000
-------------------------------------------------------------------
repairs A/c is credited to reverse the wrong entry .
sujiritha95:
sorry i gave wrong answer as i read the question wrongly
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