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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (159)
 Taxation interview questions  Taxation Interview Questions (1915)
 Accounting General interview questions  Accounting General Interview Questions (2842)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4376)
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 ?    5 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 ?    4 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 ?    1 Yes 0 No
Maynk
 

 
 
 
Other Accounting AllOther Interview Questions
 
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Expand ------DFO   1
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What is Rate Tds Agsinst Salary if Salary is 15000\- pm   3
how many category of valuation of shares?   3
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You give a loan for your friend a 1000 rs he returns 600 rs and u have to close ur accounts what should u do to close the accounts? and given the journal entry for 400 rs?and where will the 400 rs come in new account and entry for that OPI-Global 11
what is accounting standard ? Virchow-Biotech 2
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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