journal : goods lost in transit
Answers
Answer:
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Explanation:
The English physicist James Prescott discovered that the amount of heat per second that develops in a current-carrying conductor is proportional to the electrical resistance of the wire and the square of the current.
The heat that is generated because of the current flow in an electric wire is described in Joules. The mathematical expression of Joule’s law is as explained below.
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Answer:
When goods are destroyed by fire, then the "Loss by fire A/c" is debited and "Purchases A/c" is credited. The goods destroyed by fire is considered to be loss for the business and is classified as a nominal account. Therefore, according to the rule of nominal account, all the expenses and losses are to be debited.