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Goods worth Rs10000 damaged by fire …

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Goods worth Rs10000 damaged by fire and insurance company accepted a claim of Rs8000 and cheque is received from insurance company.

    • Posted by Jayesh Virakt 5 years, 11 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Shashi Ramachandran 7 years, 7 months ago

    Loss by fire A/c Dr 10000
    To Purchase A/c. 10000


    Cheque in hand Dr. 8000
    P & L A/c. Dr. 2000
    To loss by fire A/c. 10000

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