Question

Goods rupees 8000 purchased from ram destroyed by fire insurance company admitted claim rupees 6000

Answer 1

$\color{red} \boxed{journal \: entry}$

Loss by fire account dr .2,000

Insurance company claim dr.6,000

• To purchase account ..........8,000

{Being goods destroyed by fire and claim received ₹6000}

$\color{green} \boxed{hope \: its \: help \: u \: }$

❤️☺️

Answer 2

Answer:

Insurance Claim a/c -Dr 6000

Loss by Fire a/c -Dr. 2000

To Purchase a/c 8000