MCQOPTIONS
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| 1. |
XYZ Ltd. Paid wages of ` 8,000 for erection of machinery. The journal entry for the transaction is |
| A. | Debit wages and credit cash |
| B. | Debit machinery and credit cash |
| C. | Debit wages and credit erection charges |
| D. | Debit machinery and credit erection charges |
| Answer» C. Debit wages and credit erection charges | |