Instalation chrges on machinery debited to repairs and
maintenance a/c.is it correct,if not correct write the
rectification entry
Answers were Sorted based on User's Feedback
Answer / waqas
let machinery cost is 10000
let installation charges is 1000 it will be added in cost as
machinery 11000
cash 11000
all charges include in cost before its work.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / g.rajagopalan
Machinery A/c Dr.
To Repair & Maintenance A/c Cr
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / t.r. mohanty
Machinery A/c Dr.
To Cash/Bank A/c Cr.
(in case of payment of instalation charges)
| Is This Answer Correct ? | 1 Yes | 3 No |
What is considered a healthy profit?
What was the most chlleging task you face while working in SAP FI/MM and how did you solve?
housing loan taken from tata capital housing finance ltd.,how can entry make with interest with sanction amount and documentation charges
Long-term lease is which activity? (Operatinf/investing/finance activity) & same like short- team lease also?
What is meant by accounts?
How is the price of a particular product fixed. What are the considerations taken for that?
is it possible to enter closing stocks in tally in a monthly basis not affecting the previous closing balance of the previous months?
What is Depreciation and how is it different from amortization
5 Answers IBM, Thomson Reuters,
What is Capital Management
WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME
We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.
What is JJ form? and it's uses
4 Answers GRB Dairy Foods, Wipro,