Interested to Buy Any Domain ? << Click Here >> for more details...
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
- 23 Answers
- 25715 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / nrusingh panda
1.Machinery A/c--------dr Rs.12000.00
Cash A/c-------------cr Rs.12000.00
2.Insurance Prmimum A/cDr Rs.12000.00
Machinery A/c Cr Rs.12000.00
3.Cash A/c Dr Rs.13000.00
Insurance PremimumA/cCr Rs.12000.00
Profit on Assets Cr Rs. 1000.00
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?
what is book profit
When we are raised a interstate invoice then which type invoice we are raised
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
what is tds rate of WCT applay for sale tax ragistard company.
can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....
For what purpose ERS is used for?
what are the difference between banking institutions and financial institutions?
what is transposition-cum-demat?
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
How is the expenditure of developing a modified product treated?
what are the questions commomly asked in reuter's interview.?
what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record
wht can u do for the growth of bhel?
who invented acounts?
