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Name of Account head

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(Querist)
22 February 2010 Dear Sir, I have to get Cliam from Insurance company for Car which has damaged in an accident. I have got the amount less than the actual claim which is Loss for us from Insurer. Kindly give me the name for account head for Loss or may i write in our books Loss by damaged or another one?

Thanks & Regards,
Raghav Jha
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
22 February 2010 charge the head of Normal Loss with full naration
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
23 February 2010 Charge of in the P&L as loss on fixed asset




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