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 / venugopal redddy
Machinery a/c Dr
To Cash
(being machinery purchased )
Cash a/c Dr
To Insurance premium
(Being insurance received)
Is This Answer Correct ? | 1 Yes | 0 No |
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