Answered: 23. The installation expenses for a new…

23. The installation expenses for a new machinery will be debited to A. O Cash A/c B. Profit & Loss A/c C. O Machinery A/c D. Installation expenses A/c

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

23. The installation expenses for a new machinery will be debited to
A. O Cash A/c
B. ○ Profit & Loss A/c
C. O Machinery A/c
D. O Installation expenses A/c

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