Question
₹200 paid as wages for erecting a machine should be
debited to:Solution
Explanation: Wages paid for erecting a machine are part of the installation cost , which is a capital expenditure . It is added to the cost of the asset (Machine), not treated as a revenue expense like wages or repairs.
Which institution was declared as a deemed university by the Ministry of Education?
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____________ Government is set to launch an open-air classroom programme Paray Shikshalaya (Neighbourhood Schools) for primary and pre-primary students.
