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
- 135400 Views
- IBM, MTM, I also Faced
- E-Mail Answers
Answer Posted / rahul rawat
loss by fire a/c Dr.
TO purchase a/c
insurance co.a/c Dr.
To loss by fire a/c
Banka/c dR.
P&L a/c Dr.
To insurance co.a/c Dr.
| Is This Answer Correct ? | 45 Yes | 14 No |
Post New Answer View All Answers
what do you consider to be the biggest challenge facing the accounting profession today?
What do you mean by ledger posting?
Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss
Do you know company's payable cycle?
Explain what are the accounting events that are frequently involved in compound entries?
As you know executive accounting?
i want to know f form and how to use and how can purchase
What is accounting
What is consignment cycle.?Explain the steps involved in the Consignmet..?
What is fair value accounting?
Describe me accounting rules
director wife expenses which entry
What are accounting rules called?
in Tally what is cost cenre,cost categori and why we need to prepare them
when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?
