Mac Purchased on 15th Jan 12000/-
30th June Machinery damaged due to Fire Accident
31st Dec received the Insurance Premium 13000/-.
Pass the Journal Entry for all the above three
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Answer Posted / shoukath
the transaction is in valid bcz he purchased mechinary
12000 he useed epto 6 months also .how he got 13000 from
insurance co.cheeting insurance comapny is an offence under
the law.
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