Accountancy, asked by thanmayibalu6012, 1 year ago

Rs 1000 paid as installation charges of a new machine has been debited to repairs account

Answers

Answered by MG210
8
here is your answer
hope it will help you
Attachments:
Answered by sujiritha95
5

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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