Accountancy, asked by ramray2018, 6 months ago

journal entries. goods of 2000 are destroyed by fire and insurance company claim 50% of goods

Answers

Answered by rahullincoln2014

1

Explanation:

loss of stock due to fire ac. 2000

to stock ac. 2000

Insurance ac. 1000

to loss of stock due to fire ac. 1000

as the company claims 50%

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