Answer Posted / rabindra mallick
# If not Insured-
Profit & Loss a/c
To Trading (Stock) a/c Cr.
# If Partly Insured-
Insurance Claim a/c Dr.
profit & Loss a/c Dr.
To Trading (stock) a/c Cr.
# If fully insured-
Insurance Claim a/c Dr.
To Trading (stock) a/c Cr.
| Is This Answer Correct ? | 53 Yes | 29 No |
Post New Answer View All Answers
What is the difference between provision and reverse?
what are the voucher entries in tally for medical insurance
how in the big companies the budget are prepared and controlled?
what is "goodwill" reserve and surplus and reserve with example
i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD
Define social responsibility accounting
What is the diffrent job&project accounting?
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
What is customer account?
Cello pen gross value is 935.89 for 12 nos 14.5% tax
A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10
What do you mean by Bill of Exchnage.How to manage ? Explain
What do we mean by Redemption of shares and debentures?
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
There is no item category assigned to account