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Categories  >>  Accounting  >>  Accounting AllOther
 
 


  

 
 Audit interview questions  Audit Interview Questions
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
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
 

 
 
 
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what is the meaning of derivative. Capital-IQ24
Pass entry for outstanding salry for the month of March paid in the month of April Tax-Time4
why are capital account shown in liabilities side what is meaning of capital account in balance sheet  2
what is mean by MIS?  20
what is meaning bpo & kpo  2
What is PE ratio formula ?  2
whether cash book is a subsidiary book?  11
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What is the journal entry for credit purchases. Genpact10
what are different types of invoice? WNS8
what is gdr TCS3
What is the TDS ratio applicable on professional fees?  5
 
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