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Entry insurance refund

2895 views 1 replies

Hi 

Can anyone help me posting journal entry for general insurance refund. We had taken marine insurance last year. now we have receivd the refund from general insurance company for the amount of insurance cover which we have not used. can any one help in how to post a journal entry in tally erp 9 as it is showing in sundry creditors. 

Thanks in advance

Parin.

Replies (1)

reverse crs and dr bank

ie bank .. dr

      to insurance co:

 


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