Received claim for 900 from a customer for late supply of good claim admitted for500
Answers
Answer:
Dear Student,
Journal entry will be :-
Date Particulars L.F Dr. Cr.
Insurance Claim A/c Dr.
To Ahmed A/c
(Being insurance claim due and rebate allowed. ) 1000
1000
Regards,
Was this answer helpful1
student-nameDhvani Sharma answered this
109 helpful votes in Accountancy, Class XII-Commerce
Ahmed A/C ...Dr 1000
To Sales return A/C 1000
(Being goods sold returned by Ahmed)
Was this answer helpful0
student-nameUtkarsh answered this
4 helpful votes in Accountancy, Class XII-Commerce
Ahmed a/c Dr. 1000
To Purchase REturn a/c 1000
Was this answer helpful-1
Type your question
Why do you think this post is offensive?
It has foul language
It is irrelevant
Any other
SUBMIT
Ask question
FREE NCERT Solutions, Sample
Papers, Revision Notes & more
GET
APP
Question Posted Successfully