Wages paid for the installation of Machinery are debited to Wages A/c.

State whether the following statements are True or False with reason:

Wages paid for the installation of Machinery are debited to Wages A/c.

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

This statement is False.

Wages paid on the installation of machinery are debited to the machinery account as they are the capital nature of expenditures.

4 views Answered 2023-02-05 15:29

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