Interested to Buy Any Domain ? << Click Here >> for more details...
how we enter insurance claim entry in tally
- 4 Answers
- 32255 Views
- Unibiz, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / navneet bansal
Entery No. 01
-------------
at The time of Loss ( Assume Loss is By Fire)
Loss by Fire A/C Dr.
Purchase/Assets A/C Cr.
Entery No. 02
-------------
at the time of Insurabce Claim Receive
Bank A/C Dr.
Loss By Fire A/C Cr.
Remaining Balance of Loss By Fire will effact to P&L A/C
| Is This Answer Correct ? | 34 Yes | 1 No |
Answer / syed shakir ali
DEBIT- BANK A/C DR
CREDIT- INSURANCE CLAIM A.C CR
NEXT ENTRY JV
INSURANCE CLAIM A/C DR
ASSET(WHICH WAS LOSSED) A/C CR
| Is This Answer Correct ? | 14 Yes | 4 No |
Answer / satish
if any thing happend to material or asset we claim to insurance.the entry is
Loss on asset or material A/c ..dr (Asset)
to Insurance Claim ac (receivables)
after getting the claim from Insurance company
Bank Ac ...dr
to Insurance claim ac
| Is This Answer Correct ? | 21 Yes | 15 No |
Answer / pradip
Entry Will Be
Bank A/C Dr
to Insurance A/c
we have give a note below that this claim is for thas assets
| Is This Answer Correct ? | 3 Yes | 13 No |
Explain have you ever heard about tds, what it is?
What is the difference between accumulated depreciation and depreciation expense?
what is monthly final accounts and analysis
what is the difference between pay order and demand draft?
why i want to join Hawkins company
how we can calculate sundry debtors and crditors a/c?show some examples
WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?
deduct deperection from land true or false
what is debit and credit?
1 Answers Genpact, Infosys, Nainital Bank, Satyam,
bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc
Company A has purchased goods worth Rs. 25000 from company B and made the cash payment of Rs 5000 and remaining will be payable with in 30 days. Assume that there is a late payment charge @ 2% on remaining amount as the invoice was received after due date from company B. Pass the journal entry in the books of company A for all the above transactions.
we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?
Audit 
