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Answer in One Sentence only: Which account is debited when expenses are paid on installation of Machinery? - Book Keeping and Accountancy

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Question

Answer in One Sentence only:

Which account is debited when expenses are paid on installation of Machinery?

One Line Answer
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Solution

Machinery account is to be debited when expenses are paid on installation of machinery.

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Chapter 7: Depreciation - Exercises [Page 241]

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