Menu
Godown repair expenses
we repaired ceilings & racks of our godown, what would be the entry in tally?
Also mention the accounting heads?
Replies (3)
As it is a revenue nature expense,
Repair & Maintenance account should be debited and cash/bank account should be credited.
Repair & Maintenance account should be debited and cash/bank account should be credited.
Is Repair & Maintenance account an indirect exps
Direct and indirect expenses concept is from costing point of view not accounting.
Recent Topic
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
Related Topics
CAclubindia
