alleryStart learning →Rs 50,000 cash paid for machinery was debited to repairs. Rectify.
ADebit Repairs, credit Machinery
BDebit Machinery, credit Cash
CDebit Repairs, credit Cash
DDebit Machinery, credit Repairs
Answer & Solution
Correct answer: D. Debit Machinery, credit Repairs
Cash was already credited correctly; the debit sat in Repairs, so Machinery is debited and Repairs credited.
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