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
Answer Posted / azeem
Mac A/C Dr.
To cash A/C
Mach Damaged A/c Dr.
To Mach A/c
Cash A/c Dr.
To Insurance prm
Is This Answer Correct ? | 15 Yes | 3 No |
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