If wages are paid for construction of business premises, ________ A/c is credited and ____ A/c is debited. 
  • a)
    Wages, Cash 
  • b)
    Premises, Cash 
  • c)
    Cash, Wages 
  • d)
    Cash, Premises
Correct answer is option 'D'. Can you explain this answer?

Commerce Question

12 Answers
Anil Pastor answered Jan 04, 2020
B is the correct answer

Beauty Gupta answered Jan 05, 2020
Answer is d,because according to rules wages are paid means paying cash so there are cash goes out and business premises will be debit

Priyanshu Tiwari answered Dec 07, 2019
Because cash give to business premises

Rockstar answered Jun 17, 2018
Can u solve this why D is correct

Tanya Mishra answered Jun 17, 2018
Yes d correct as

Mo Zeeshan Zeeshu answered Dec 07, 2019
Bcoz cash is real A/c and according to real a/c what's come in the business Dr. what's goes out cr.
cash paid then cash goes out then cash credited
wages are nominal a/c according to the nominal a/c all expenses and losses are Dr. and all income and gain are credited
wages is expense then Dr. it. thank you

Riya Dhiman answered Jan 19, 2020
Cash acconts debit to wages acconuts

Rajiv Purbey answered Dec 07, 2019
Cash,wages

This discussion on If wages are paid for construction of business premises, ________ A/c is credited and ____ A/c is debited.a)Wages, Cashb)Premises, Cashc)Cash, Wagesd)Cash, PremisesCorrect answer is option 'D'. Can you explain this answer? is done on EduRev Study Group by Commerce Students. The Questions and Answers of If wages are paid for construction of business premises, ________ A/c is credited and ____ A/c is debited.a)Wages, Cashb)Premises, Cashc)Cash, Wagesd)Cash, PremisesCorrect answer is option 'D'. Can you explain this answer? are solved by group of students and teacher of Commerce, which is also the largest student community of Commerce. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for Commerce on EduRev and even discuss your questions like If wages are paid for construction of business premises, ________ A/c is credited and ____ A/c is debited.a)Wages, Cashb)Premises, Cashc)Cash, Wagesd)Cash, PremisesCorrect answer is option 'D'. Can you explain this answer? over here on EduRev! Apart from being the largest Commerce community, EduRev has the largest solved Question bank for Commerce.
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