Loss by fire a/c Dr.(Insured Amount) P&l a/c Dr.(Not insured

What will be the entry in book, stock get destroyed in fire
Of rs. 1, 00,000/- in two circumstances?

Question Posted / girish sharma

Answer Posted / girish sharma

Loss by fire a/c Dr.(Insured Amount)
P&l a/c Dr.(Not insured amount_
To Stock a/c

Is This Answer Correct ?

3 Yes

3 No

Please Help Members By Posting Answers For Below Questions

Differentiate between provision and reserve?

1142

Explain the types of ledger?

4062

capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1576

how to calculate the rate of hard ,soft and very very hard rock rate of cubic meter

1594

How to Automate requirment mapping in QC?

1982

Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000

1829

I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?

2069

Cost Accounting

2078

What is liabilities and what all does include in current liabilities?

1061

Can salary paid to promoters before incorporation be taken as a part of pre-incorporation expense? If yes how is the TDS part to be dealt with?

2653

get fixed assets items

1998

input vat, wht use in wct

2122

what's the difference between impress cash account and petty cash account

1741

What is your greatest achievement and why?

1018

What is a contra entry

10007