goods lost by fire rs10000 & insurance claim received for
the same rs8000.what are the effect of this entry in final
accounts?
Answer Posted / keshav gc
purchases ......
less:good loss by fire 10000.
...p/L alc dr 2000...
balance sheet.... assets 8000
Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
How to prepare HSD statements in tally
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.
What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?
Explain me do you think accounting standards are mandatory and why?
When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .
we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?
What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?
What is accounting for plant assets?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
TDS %AGE ON CALLIBRATION CHARGES BILL
What knowledge should financial accountant have?
please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?
What are the uses of journal in accounting?
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.
Tell me different branches of accounting?