Question

What will be the journal entry for repairs on machinery?

Answer 1

heyaa,,,,
it's journal entry will be;
repair a/c Dr
to cash a/c.
(being cash paid for the repair of machine)

Answer 2

3 golden rules

personal accounts - debit the received and credit the giver

real accounts -debit what comes in and credit what comes out

nominal accounts - debit all the expenses and losses, credit all the income and gains

as per the question 2 accounts affect Repair on machinery expenses account and cash account .

Repair on machinery expenses - Nominal account

Cash account - real account

by applying the golden rules ,

increase in expenses and decreases in bank ( asset)

Reapir on machinery expenses is expenses therefore its debit . Cash is real account where cash which goes out of business therefore its credit .

Journal entry

Repair on machinery A/c Dr

           To cash A/c

(being repair charges paid)

Hope its useful