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 / pawan kumar
on 15 jan
machine a/c dr 12000.00
to cash/bank/creditors a/c 12000.00
on 30 june
loss due to fire,of machine dr 12000.00
to machine a/c 12000.00
on 31 dec
bank a/c dr 13000.00
to fire insurance a/c 13000
| Is This Answer Correct ? | 3 Yes | 6 No |
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