Accountancy, asked by barthwal5492, 1 year ago

Cash stolen by theft and after some amount has recovered

Answers

Answered by kanhaiyaavp
0
heyaa,,
it's journal entry will be;
1st. entry;
loss by theft a/c Dr
to cash a/c.
(being cash stolen from firm)
now,
cash a/c Dr.
to loss by theft recovery a/c.
(being cash received which written off loss by theft)
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