Question

D Goods worth Rs 5000 were destroyed by fire 2) Claim was made for goods lost by fire worth Rs. 6000 3) Goods lost in railway transit Rs 10000 4) Purchase goods from samul RS. 7500 less trade discount of 20% plus vat 10% 5) Sold goods costing 15000 lo ran for Rs. 20000 plus vat 10% 6) Vat was deposited into government account on due date 7) Purchase for business for Rs. 100000/ 8) Goods given in charity 600 9) Goods given as free samples Rs. 10000 10) Goods values RS 15000 insured for Rs. 100005% as premium 11) The insurance company made the claim in full Rs 5000 12) Railways claim was received in Rs 2000

Answer 1

1) lost by fire ac dr. 5000
to purchases ac 5000