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what is the jornal entry for repairs

Answers were Sorted based on User's Feedback



what is the jornal entry for repairs..

Answer / chandu

repairs a/c dr

to cash a/c

Is This Answer Correct ?    6 Yes 0 No

what is the jornal entry for repairs..

Answer / anjali

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 ?    5 Yes 0 No

what is the jornal entry for repairs..

Answer / maynk

(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

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