Repairs made to equipment as part of a yearly maintenance project would be recorded in the journal by:

Question

Quizplus · Accepted Answer

Repairs made to equipment are recorded as a Repair Expense, which is debited in the journal. Debiting Equipment would not be appropriate as it would increase the value of the asset, not reflect the cost of repairs. Depreciation Expense and Accumulated Depreciation are not affected by repairs, as they account for the depreciation of the asset over time.

Repairs Made to Equipment as Part of a Yearly Maintenance