A cake shop undergone a loss of Rs. 13900 & Rs. 11400. by robbery. They don't have any insurance. What will be entry to be passed in Tally? Please help me out!
Entry for robbery
Ilyas (Student) (62 Points)
22 June 2016
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14477 Points)
Replied 22 June 2016
Abnormal Loss of inventory Dr.13900
Purchase Account Cr-13900
(Being amt of of Loss of Inventory due to.........)
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"