Wages paid for the erection of a new boiler should be debited to: MCQ with Answer and Explanation

Explanation:
PFMS is a government portal for tracking fund disbursement, ensuring transparency and efficiency in public financial management.

Explanation:
Depreciation is a non-cash transaction and does not involve a source document like invoice; it's recorded via journal voucher but is not an external voucher. But the term 'non-voucher' might refer to transactions without a supporting document. Depreciation entry has no source document, so it's often a journal entry. The question is ambiguous but likely pointing to depreciation as a non-cash transaction without physical voucher. Answer A.

Explanation:
Change in depreciation method is a change in accounting policy, requiring retrospective application as per AS 5.