Goods worth rs 1500 lost by theft insurance company admits claims in full
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Answered by
7
Hello diksha,
in this there will be 2 journal entries passed .
loss by fire a/c. Dr. 1500
to purchase a/c. 1500
(being goods lost due to theft)
cash a/c. Dr. 1500
to loss by fire a/c. 1500
(being amt received from insurance)
hope it helps
thank u
ask anything if needed
pls mark as brainlist
in this there will be 2 journal entries passed .
loss by fire a/c. Dr. 1500
to purchase a/c. 1500
(being goods lost due to theft)
cash a/c. Dr. 1500
to loss by fire a/c. 1500
(being amt received from insurance)
hope it helps
thank u
ask anything if needed
pls mark as brainlist
dikshabharti8182:
Thnx
ur welcome
which class?
Preparing tally
okkk
if u need any help do ask
pls mark as brainlist
Receive bills for two table fans rs300 m/d electronic boss
bills receivable a/c. dr. 300. to electronic boss. 300. (being received bills for sales)
anything else do ask
Answered by
4
Answer:
your answer is given above
Explanation:
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