Interested to Buy Any Domain ? << Click Here >> for more details...
What will be the journal entry for good lost by fire. How
many entries will be passed in the books of account for the
same.
- 29 Answers
- 142712 Views
- IBM, MTM, I also Faced
- E-Mail Answers
Answer Posted / vipul verma
Loss by fire A/C Dr
To Purchase A/C
Profit and Loss A/C Dr
To Loss by fire A/C
The above two entries will be passed.
| Is This Answer Correct ? | 382 Yes | 45 No |
Post New Answer View All Answers
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
There is no item category assigned to account
Do you know marginal cost?
Where a cash discount should be recorded in a journal entry?
what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??
Tell me how you can adjust entries into account?
Define scrap value in accounting?
Mention why some asset accounts have a credit balance?
What is the journal entry of building rent and TDs payment?
IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?
formula of reduction in tax credit of vat form 201(gujarat)
what is one way , two way matching , three way , four way matching ?
How do you build a successful business relationship?
what is tribal area allowance means
