Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What will be the journal entry for good lost by fire. How
many entries will be passed in the books of account for the
same.

Answer Posted / venkatesh

Loss of goods a/c Dr
To Goods a/c
(Being goods lost in fire)

There shall be only one entry passed for this transaction.

Is This Answer Correct ?    11 Yes 12 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is accounting transaction?

1055


What are the difference between Debit Memorandum and Credit Memorandum?

2074


what will be the possible question for an interview in account post as a fresher

1990


Role-specific management accountant job interview questions:

1052


i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive

1474


how do made in finalization

2071


My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523

2109


how to reduce the interesting giving to debts ?

2153


what is profitability ratio and dividend policy ratio

2101


What is definition of a cash float in accounting?

1168


capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1571


salary payable deduct tds entry

1598


Explain have you ever prepared mis reports and what are these?

1017


Is financial accounting necessary?

1068


input vat, wht use in wct

2114