Select the most appropriate alternative from the alternatives given below and rewrite the statement.Wages paid for installation of Machinery should be debited to _________ - Book Keeping and Accountancy

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MCQ

Select the most appropriate alternative from the alternatives given below and rewrite the statement.
Wages paid for installation of Machinery should be debited to _________

Options

  • wages A/c

  • machinery A/c

  • cash A/c

  • Installation A/c

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Solution

Wages paid for installation of Machinery should be debited to machinery A/c.

Concept: Specimen Or Format of Journal
  Is there an error in this question or solution?
Chapter 3: Journal - Exercises [Page 82]

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