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what entry to be passed if we have import item from
supplier but in the trasaction some items were broken but
we have not claimed to insurence co & the broken items we
have purchased from local supplier & the value of broken
item is not refundable from first supplier. in this
condition ??? Pls help me



what entry to be passed if we have import item from supplier but in the trasaction some items were..

Answer / sunil tyagi

as the insurance has not been claimed so the entry would be

purchse a/c dr
loss of goods a/c dr
to suppliers a/c cr

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