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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
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 Taxation interview questions  Taxation Interview Questions (1893)
 Accounting General interview questions  Accounting General Interview Questions (2782)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4351)
Question
what is the jornal entry for repairs
 Question Submitted By :: Prashanth.kiran9
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is the jornal entry for repairs
Answer
# 1
(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
 
  Re: what is the jornal entry for repairs
Answer
# 2
repairs a/c dr

to cash a/c
 
Is This Answer Correct ?    4 Yes 0 No
Chandu
 
 
 
  Re: what is the jornal entry for repairs
Answer
# 3
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
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
Gross Profit Margin ? Capital-IQ 3
Expand---------RMD   2
What is mean by Journalising ? Capital-IQ 11
what is meant by screenlayout in asset accunting   1
Name any 3 heads shown under assets side of balance sheet.   7
Q: What job would you like to have in five years time?   5
vwhy a variable cost is said to be variable?   6
can anyone tells about the reserve money   2
Entry for prepaid expenses? Wipro 19
What is depriciation, explain this to me IBM 7
All Business transactions are not Accounting transactions. Do you agree   2
what is meant by derivatives RRDonnelley 2
 
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