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...

why the loss by fire taking in to the credit side of the
trading a/c.instead of this is company's loss?

Answer Posted / rupesh

Goods lost by fire is credit side because the reduce purchase of goods cost prise
Goods lost by fire havent been sold and not included in closing stock
The purchase cost is debited

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand--------OTA

2120


What is the analytical way of accounting?

2279


how there face in lvbank interview

2039


How do you manage the sales account in tally

2033


Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.

2204


what are Equity shares,Preference shares,Bonus shares,Bond,Debentures,Dividend?

4896


commisiion recieved journal entry and receipt required

1452


In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.

2001


Short answer on _______Amendment

1930


Expand-------NAC

2235


1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

2214


recently release the 6.0 version not succede in the market why?

1971


• What are the types of cash flows?

2215


What is meant by consignment

2094


What are the types of journal categories available in the Oracle AP?

2133