Interested to Buy Any Domain ? << Click Here >> for more details...
If A car in Name of company got damaged. and total amount of
its repairing is 15,000/- and insurance company give me
10,000/- of it. Balance amount we paid through bank or cash
.Then What is the entry for this in books.Kindly mention
Ledgers with their respective Group Head.
- 2 Answers
- 4215 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / g.husen
a - Repair & maintenance A/c - Dr.15000.00
b - Insurance Company Ac - Cr. 10000.00
c - Cash & Bank Ac - Cr. 5000.00
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / unknown
Vehicle Repair & Maintenance(Indirect Exp.) Dr.
To Insurance Claim
To Cash/Bank
| Is This Answer Correct ? | 3 Yes | 0 No |
why companies put ltd and pvt ltd,what is the difference?
Private purchases amounting to rs 5000 have been debited to purchases account
Where accumulated Depreciation appears - b/s or p&l. please provide journal entry while accumulating and also while using the fund for purchase of new assets.
Cash bill of sale so the company can deduct the amount.
How does Cheques work while processing it in SAP? What are the effects and the methods.
Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
1 Answers Infosys, Satyam, Symbiosis,
wat is ledger posting
What is the types of Accounting Method
What is the Major Difference between Revised Schedule VI and Old Schedule VI ?
Explain me the term material facts in accounting?
When tds is deducted from the payments to suppliers, how the Entry will appear in books of accounts in tally.
Audit 
