Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What will be the journal entry for good lost by fire. How
many entries will be passed in the books of account for the
same.

Answer Posted / anil

Claim receivable A/c Dr. XX

Loss by fire A/c Dr. XX

To Loss of Goods A/c XX

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is debit and credit note?

1169


WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?

2378


Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.

2239


What is an Automatic Payment Program ?

2130


Into which account do we close the revaluation account balance during the winding up of a company?

1977


WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS ACCOUNT

2058


If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet

2446


Do you know balancing in accounting?

1029


what is the relationship between cost accounting financial accounting and managerial accounting?

1048


Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.

1880


What is definition of a cash float in accounting?

1178


"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

2055


Sir i want to ask that if the salary above 6500/- than also pf deduct.

1982


Can you differentiate public and private accounting?

1292


What is the difference between costing and cost accounting?

1055