Goods lost in accident what entry should be made?

Question Posted / muhammad kabir

2 Answers
5410 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

Goods lost in accident what entry should be made?..

Answer / muda

lost by accident a/c ...dr to
purchase account

Is This Answer Correct ?

9 Yes

0 No

Goods lost in accident what entry should be made?..

Answer / kuldeep singh

Goods lost A/C ..............dr
to Purchase A/c

Is This Answer Correct ?

3 Yes

1 No

Post New Answer

More Accounting General Interview Questions

journal entry of outstanding salary

11 Answers

in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.

0 Answers

distribution of gift in diwali to employee & buyer!! what's suitable expences head.

6 Answers

Explain the Depreciation, objectives for calculating the depreciation and various method for calculating depreciation

1 Answers

What is the meaning of deferred revenue and expenditure, give examples

2 Answers Bank Of America, Capital IQ,

What is the types of Accounting Method

6 Answers

If a company Purchased Cotton Waste.. it comes under which expense/ how to treat in account

3 Answers

Explain how you can adjust entries into account?