Accountancy, asked by shatatarka, 11 months ago

what is the journal entry for furniture destroyed by fire?

Answers

Answered by rockasit

Answer:

Journal for Goods destroyed in fire:

(Debit all expense/loss and credit all income/gain.) Goods lost due to fire are not there into the business hence it is credited and it is real account. (Credited money would be debited.)

please mark it as brainliest ANS

Answered by XThakurJIX

Answer:

Explanation:

(Debit all expense/loss and credit all income/gain.) Goods lost due to fire are not there into the business hence it is credited and it is real account. (Credited money would be debited.)

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