Doubt regarding loss of goods to fire?

First of all goods destroyed by fire are credited to trading account . If there is  an insuarance claim then it is written in the asset side of the balance sheet and the difference between the two is the actual loss which is debited to profit and loss account . It is debited since it is an expense . You can reduce the amount of goods destroyed by fire from purchases or u may credit the trading account 

I dont think that ipcc by itself will add much to your cv . Once u enter the course you must complete the course ,you should not be disheartened by faliure 

Thank you for answering. I have a few more doubts:

In three column cash book, how will the following transactions be entered:

Jan 15th - Received cheque for Rs. 950 from Lucky and allowed him discount Rs. 50

Jan 19th - Paid into bank Lucky's cheque for Rs. 950

Jan 27th - Lucky's cheque dishonoured.

I have no problems with the first two entries (ie. Jan 15th and Jan 19th) but how do I enter the Jan 27th transaction? Keep in mind that a discount of Rs. 50 is also involved.

My second doubt is:

In double column cash book, how do you enter the following transaction:

Jan 27th - Paid by cheque for cash purchase - Rs. 275

Hello? Someone please respond... I need the answer please

Can someone answer this question?