Multiple choice

A sum of Rs. 12,000, spent on the extension of a building, was debited to building repairs A/c. What rectifying entry is to be passed?

  1. Dr. building A/c and Cr. cash A/c

  2. Dr. building repairs A/c and Cr. cash A/c

  3. Dr. building A/c and Cr. building repairs A/c

  4. Dr. building repairs A/c and Cr. building A/c
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

This is the rectifying entry because we need to debit the building account and buidling repairs A/c needs to be credited.

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