Head of account (electrical repairs)


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Electrical repair expenses are treated as revenue expenditure and recorded under repairs and maintenance in the profit and loss account.

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2014 if an amount is given for electrical repairs, to which head head of account this should be taken.

02 May 2014 It should be charged to revenue under Repairs & maintenance exp.


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