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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (427)
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 Accounting General interview questions  Accounting General Interview Questions (2809)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4359)
Question
what is the jornal entry for repairs
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
repairs a/c dr

to cash a/c
 
Is This Answer Correct ?    4 Yes 0 No
Chandu
 
Answer
# 2
Repairs A/c Dr.
To Cash A/c
(Being Amount Paid For Repair of ......)


Reason Why: Because Repair is a kind of Revanue Exp. and it
will not Decrease the value if any asset and it will charge
from Profit and Loss A/C.
 
Is This Answer Correct ?    3 Yes 0 No
Anjali
 
 
 
Answer
# 3
(dabit all expenses and losses)

repairs a/c------------dr

to party a/c (cr)

(Being repairs job work done by party)
 
Is This Answer Correct ?    0 Yes 0 No
Maynk
 

 
 
 
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