Accountancy, asked by soumyadip38, 11 months ago

what will be the entry of 'Repairs' in Final Account

Answers

Answered by ARYAN13579

1

Answer:

p&l a/c ------ Dr

to Repairs a/c

Explanation:

because repairs is of revenue nature and not of capital nature so eventually it has to be setoff against P&l

Previous Question

Next Question

Similar questions

Computer Science, 5 months ago

on selecting the bold option toolbar with format painter option pop on the screen is it true or false.

English, 5 months ago

yes,our bags are heavy.we may need help .format question this answer...

Hindi, 5 months ago

10. जीवन ने डॉ० अब्दुल कलाम को क्या सबक सिखाए ?

Science, 11 months ago

if we use water in the same way what will happen in future? write down your suggestions to prevent water wastage.

Science, 11 months ago

who invented gravity...

Math, 1 year ago

Can i get the answer plz The 2nd question...

Math, 1 year ago

let's find the square root of the following a) $5 {}^{2} \times 8 ^{2}$ B)4225 please solve the problem please take a photo and give me the answer...

Biology, 1 year ago

What is the meaning of Felis catus?