Accountancy, asked by rahmat5689, 25 days ago

What is the journal entry for loss of goods by theft

Answers

Answered by heroboy53

0

Answer:

Debit loss by theft; credit cash. Debit: Profit & Loss Account, Credit: Cash in Hand or Pretty Cash

Answered by DARKIMPERIAL

0

Answer:

Debit loss by theft; credit cash. Debit: Profit & Loss Account, Credit: Cash in Hand or Pretty Cash.

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