Accountancy, asked by BRMT, 1 year ago

Goods stolen from business 2,000​

Answers

Answered by bangarambindu
2

Explanation:

it is taken as liability in the balance sheet


BRMT: but i want to know journal entry
BRMT: Please
bangarambindu: are u asking whether it Debit or credit
BRMT: yes
bangarambindu: if money comes the it is taken as debit
bangarambindu: if money goes then it is taken as credit
bangarambindu: as journal stolen money is taken credit
bangarambindu: remember that concept to identify debit or credit
BRMT: Thanks
bangarambindu: hm
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