Q.Goods worth Rs.5000 destroyed in fire? Insurance claim
received RS.4000 for the goods lost? Loss of Rs.1000 pass
the entries in the books of accounts?
Answer Posted / vishal parkhi
Insurance claim a/c dr 4000
Loss by fire a/c dr 1000
To goods destroyed by fire a/c 5000
Is This Answer Correct ? | 5 Yes | 11 No |
Post New Answer View All Answers
In the case of stock transfer from one branch to another branch any reverse credit is applicable.
What is fbt (fringe benefit tax)?
Tell me in which account does the unpresented cheque will get recorded?
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
what is the meaning of 4X and 10X value in intraday market?
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
what s account
whether allowances will be included in calculating esi from gross salary
Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
List out some of the examples for liability accounts?
I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this.
Wipro Limited
Dear candidate
Your Resume has been selected by ( Wipro Limited). I have attached your
Interview Process letter with this email. Kindly see the attached file.
Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm,
Company Website – www.wipro.com
Note - And more details you send a email Company
Email Add – career@wiprolimited.in
Best Of Luck
For More Details Please Click Here
Wipro Limited What do you debit and credit if discount allowed is underrated? sir i want to know that where we taken entry of sals
return in excise in manufecturing unit tell me . purchase return liability or asset?should it be included in the balanced sheet? give 3 reasons why capital is referred to as a special liability