Mac Purchased on 15th Jan 12000/-
30th June Machinery damaged due to Fire Accident
31st Dec received the Insurance Premium 13000/-.
Pass the Journal Entry for all the above three
Answers were Sorted based on User's Feedback
Answer / harish kumar
15th jan
Machine a/c dr. 12,000
To Cash a/c 12,000
30th June
Loss by fire a/c dr. 12000
To Machine a/c 12000
Insuracne Primium a/c dr.12000
To loss by fire a/c 12000
31st Dec
Cash a/c dr. 13000
To Insurace premium a/c 13000
| Is This Answer Correct ? | 2 Yes | 7 No |
Answer / niharika
by purchasing a/c dr.
by machy a/c dr.
by insurace premi a/c dr.
to cash a/c
| Is This Answer Correct ? | 2 Yes | 14 No |
Answer / prema
by cash a/c dr.
to pur ac.
to machy ac.
to insu premi ac.
| Is This Answer Correct ? | 1 Yes | 15 No |
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
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