Loss by storm
This query is : Resolved
21 November 2013
Dear Sir,
THIS IS A SOCIETY WHERE AS A STROM DAMAGE THE SOCIETY AND WE CLAIM 4 LAKH TO ICICI GIC LOMBARD BUT THEY PASS 3.50 LAKH.SO PLEASE ADVICE THE JOURNAL ENTRY.AND RECEIVED ENTRY.
I AM WAITING FOR BEST REPLY.
THIS IS A SOCIETY WHERE AS A STROM DAMAGE THE SOCIETY AND WE CLAIM 4 LAKH TO ICICI GIC LOMBARD BUT THEY PASS 3.50 LAKH.SO PLEASE ADVICE THE JOURNAL ENTRY.AND RECEIVED ENTRY.
I AM WAITING FOR BEST REPLY.
21 November 2013
Dr Insurer (debtor) 3.5 lakhs
Dr Loss 0.5 lakhs
Cr Storeroom (asset) 4.0 lakhs
Later:
Dr Bank 3.5 lakhs
Cr Insurer (debtor) 3.5 lakhs
In case you earlier booked Rs 4.0 lakh against insurer
Dr Bank 3.5 lakhs
Dr Loss 0.5 lakhs
Cr Insurer 4.0 lakhs
Dr Loss 0.5 lakhs
Cr Storeroom (asset) 4.0 lakhs
Later:
Dr Bank 3.5 lakhs
Cr Insurer (debtor) 3.5 lakhs
In case you earlier booked Rs 4.0 lakh against insurer
Dr Bank 3.5 lakhs
Dr Loss 0.5 lakhs
Cr Insurer 4.0 lakhs
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
