If A car in Name of company got damaged. and total amount of
its repairing is 15,000/- and insurance company give me
10,000/- of it. Balance amount we paid through bank or cash
.Then What is the entry for this in books.Kindly mention
Ledgers with their respective Group Head.
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Answer Posted / g.husen
a - Repair & maintenance A/c - Dr.15000.00
b - Insurance Company Ac - Cr. 10000.00
c - Cash & Bank Ac - Cr. 5000.00
| Is This Answer Correct ? | 7 Yes | 1 No |
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HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER
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