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What will be the entry in book, stock get destroyed in fire
of Rs. 1,00,000/- in two circumstances
i) Stock is insured.
ii) and stock is un-insured.
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Answer Posted / muazam ali
i)will charge to stock shortage A/c ( by fire) at the time
& when insurance received then will charge to stock
insurance a/c
ii)will charge to stock shortage A/c ( by fire)
| Is This Answer Correct ? | 6 Yes | 5 No |
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