What is the Rectification Entry when wages paid for installation of Machine is included in Wages A c...........

General Accounting Principles Rectification of Errors

What is the Rectification Entry when wages paid for installation of Machine is included in Wages A/c ?

Dr. Wages A/c & Cr. Machinery A/c

Dr. Machinery A/c & Cr. Wages A/c

Dr. Machinery A/c & Cr. Bank

Dr. Wages A/c & Cr. Bank

Machinery A/c Dr

To Wages A/c

Wages worngly debited will be credited to rectify the erorr & Machiery to be debited as all expenses with asset need to be captilised

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