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
- 12985 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
What are mis reports?
What are the columns of a journal?
Recent banking question for 2015 interview for scale2 exam of sbm
how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
what is tribal area allowance means
paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.
What is a business transaction in accounting?
what is t code of gr/ir report?
A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.
After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?
Explain a time when you have not met your goal?
As you know any other accounting application?
What are premises in accounting sense? What is vat adjustment?
my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.
what is the responsiblities for accounts manager?
