Interested to Buy Any Domain ? << Click Here >> for more details...
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?
- 16 Answers
- 72968 Views
- I also Faced
- E-Mail Answers
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
What is full rate on plywood box in haryana sale tax:
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
Explain dual aspect term in accounting?
Where I can Found Cost Reduction Techniques Implemented by Various cement Companies
if my salary is 12000 per month how much i will get after deducting PF an ESI
Explain the concept of responsibility accounting
what is the responsiblities for accounts manager?
What's the accounting entry when an Invoice is created in AR?
what is consumer product accoutning?
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
What is the difference between Accruals and Provisions?
Hi, Mobile manufacturing given a mobile phone as a gift to their employee. What journal entry we need to pass in company point of view.
What is the rate of penalty charged when the given Vat Cheque dishonoured?
