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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)

3869


why are you selecting for the profitbulity analysis costing based& active based

1636


what is portfolio Saint?

1506


What is dematerialisation and its benefits?

2543


Expand SOIT

1457






what is tds rate of WCT applay for sale tax ragistard company.

2056


Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question

1709


Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.

1625


How does the ration analysis help in depicting profit and loss

1706


Straight line method to using Indian company names

1482


What is ABC Analysis in industrial function. hw can it s maintain ?

1757


The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate

2050


Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?

1744


What is revaluation of assets.when it occurs

1642


What is inter-corporate deposits? and where it is shown in balance sheet?

3263