Correct the following journal entry, and explain your changes. 
To record the cost of machinery repair labour.
Definitions:
Margin Of Safety
The difference between actual or projected sales and the break-even point, indicating the level of risk in a business.
Wire Strippers
A hand tool used to remove the insulation from electric wires to make connections or terminations.
Manufacturer
A business entity engaged in the production of goods through the processing of raw materials and components.
Net Operating Income
Net operating income is the profit derived from a company's regular, core business operations, excluding expenses and revenues from non-operating activities, crucial for assessing operational efficiency.
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