Accounts
This query is : Resolved
Parmod Rawat
(Querist)
29 August 2011
Can anyone please tell me where is the posting of Machinery repair expense whether i have to put in Manufacturing exp in trading account or i need to take in profit & loss account & what is the logic behind that if i take Machinery repair expnese in trading account under Manufacturing expense.
waiting your reply....
waiting your reply....
CMA Ramesh Krishnan
(Expert)
01 September 2011
Machinery repairs & maintenance is need to be debited under P&L account only. it is not an direct expenses related to Manufacturing
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