wages paid for erection of machinery is debited to..........A/c
a) Machinery b) Wages
c) Cash d) None of these
Please explain in detail.........??
Harish Kumar (IPCC) (475 Points)
24 July 2012wages paid for erection of machinery is debited to..........A/c
a) Machinery b) Wages
c) Cash d) None of these
Please explain in detail.........??
Dev
(Article Trainee.)
(613 Points)
Replied 24 July 2012
Harish Kumar
(IPCC)
(475 Points)
Replied 24 July 2012
Originally posted by : Devesh | ||
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Debited to Machinary a/c.. As wages paid for erection.. Capital expenditure.. |
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thanx.....bro........!!
cmumanjunath
(IPCC STUDENT)
(47 Points)
Replied 24 July 2012
wages paid to errection of machinery is a capital expenditure.because wages incuured to install the machine in factory.but wages paid after the installation of machinery is revenue expenditure. so machinery a/c dr - to cash a/c. i hope u got the answer
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