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Goods damage due to heavey rain

This query is : Resolved 

20 June 2020 Dear sir

Due to heavy rain Godwon roof leakage and damage some goods wroth rs.19800/- its conver under insurance Please advise tous below entry is right or wrong

Dr. Insurance clain receivale ( Under Current assets)
Cr. Purchase account

21 June 2020 First Book Loss
Loss on Damage A/c Dr.
To Stock A/c
When Insurance claim receivable
Insurance claim receivable Dr
To Loss on damage
when amount received
Bank A/c Dr
To insurance claim receivable


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