Interested to Buy Any Domain ? << Click Here >> for more details...
ABC LTD PURCHASE GOODS FROM XYZ LTD OF Rs.400000/- BUT
DURING THE TRANSPORTATION ALL GOODS ARE DESTROYED.ACCORDING
TO AGREEMENT INSURENSE CO. PAID 75% OF DESTROYED GOODS TO
SELLER.
WHAT WILL BE JOURNAL IN BOTH PERSON ACCOUNT.
- 7 Answers
- 12742 Views
- I also Faced
- E-Mail Answers
Answer Posted / sonug591
ABC A/C
THERE IS NO ENTRY IN ABC BOOK
XYZ A/C
ABNORMAL LOSS Dr.100000
BANK A/C Dr.300000
SALE Cr.400000
| Is This Answer Correct ? | 3 Yes | 5 No |
Post New Answer View All Answers
If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet
WHAT IS NPF IN ACCOUNTS. AN ENTRY IN BANK STATEMENT" NPF SOME NAME XXXX DR SIDE" PLEASE ANSWER WHAT IS NPF?
what is share application money pending allotment?
cash credit taken from bank then what is the general entry?
Describe a time when you have not met your goal?
How to prepare in yearly turnover?
What is the difference of cost accounting and financial accounting?
Do you know marginal cost?
Why TDS not Deducted on Service tax amount of Rent.
What is recording damage inventory in books of account?
What is cotangent Account?
What is difference between Cash Flow and fund flow
on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
April-25 Paid to Mr. Y in full Settlement by Cheque Rs. 4800. April-26 Received a cheque from Mr. B in full settlement Rs. 4900.
What is accounts receivable?
