Question

Goods costing Rs.4,000 having normal sales value of Rs.6,000 were destroyed by fire. The scrap value of Rs.400 wastaken over by insurance company. Insurance company accepted a final claim of Rs.2,700. What amount of loss byfire will be transferred to P & L A/c.?a) 3,300
b) 1,300c) 1,700
d) 900

Answer 1

A 3,300 is the right option

Answer 2

option is (a) 3300


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