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how we enter insurance claim entry in tally
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Answer Posted / navneet bansal
Entery No. 01
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at The time of Loss ( Assume Loss is By Fire)
Loss by Fire A/C Dr.
Purchase/Assets A/C Cr.
Entery No. 02
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at the time of Insurabce Claim Receive
Bank A/C Dr.
Loss By Fire A/C Cr.
Remaining Balance of Loss By Fire will effact to P&L A/C
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