Answer / pratik mishra

if no insurance : P/l a/c dr. or loss by fire a/c dr. (either)
to (Cr.) trading (stock a/c) or cr. purchase a/c (either)
if the goods are insured: insurance a/c dr. , to trading (stock) a/c
if the little amt. is insured: insurance a/c dr., p/l a/c dr., cr. trading (stock) a/c

Explain what is accrual accounting?

0 Answers  

---

Tell me what is gaap?

0 Answers  

---

What is vat adjustment?

0 Answers  

---

why current ratio is 2:1.why it is not 100:1,10:1,20:1 in current ratio. please tell me....

8 Answers   Thomson Reuters,

---

for an inter branch bank transfer (sbi to sbi)what entries should we pass?

3 Answers  

---

---

what is the difference between expenses(indirect) and indirect expenses?

4 Answers  

---

what is Bills payable

1 Answers   IBM,

---

Futures

2 Answers   Bank Of America,

---

What is the entry for bank guarantee,

7 Answers   Karadi Path, Levtech Consulting,

---

Is it mandatory for the employees staff of a School, if so give details

0 Answers   TATA,

---

Goods costing Rs.40000 was lost by fire but 3/4th of the claim was accepted by the insurance company

1 Answers  

---

what is accounts payable ..what is accounts receivable

2 Answers  

---