Rs.500 paid to labour for erecting a new machine was debited to wages account
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1
Answer:
machinery ac
Explanation:
Wages paid' for the 'eracting of machinery' should be debited to machinery account.
Explanation: It is the amount incurred for buying and installing the machine. The 'machinery account' is debited since the machine has to be put to use.
Answered by
1
Answer:
Wages paid' for the 'installation of machinery' should be debited to machinery account.
Explanation: It is the amount incurred for buying and installing the machine. The 'machinery account' is debited since the machine has to be put to use.
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Explanation:
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