Question

Wages paid for installation of machinery is debited to which one of the following accounts?

A Wages Account Correct Answer Incorrect Answer
B Machinery Account Correct Answer Incorrect Answer
C Installation Account Correct Answer Incorrect Answer
D Profit and Loss Account Correct Answer Incorrect Answer

Solution

Wages paid for installation of machinery is typically debited to the Machinery Account or to the Installation Expenses Account, depending on the specific accounting treatment chosen by the company.

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