Lost Cash in Bank Account

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Student CA IPC / IPCC
30 Points Posted on 28 September 2018
Please Tell me treatment of this transaction in my books of accounts
lost money in my bank account due to online fraud
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On 28 September 2018 at 14:26 Report
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Coaching and Practice in Tax Audit Law
4429 Points Posted on 28 September 2018

Abnormal loss under indirect expense head to bank account

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On 28 September 2018 at 14:28
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Accountant
1037 Points Posted on 28 September 2018
It should be treated as drawing. You cannot show it as acspans
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On 28 September 2018 at 17:49
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184 Points Posted on 03 October 2018
loss by theft in bank ac dr to bank ac
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On 03 October 2018 at 23:11
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Accountant
1037 Points Posted on 04 October 2018
You cannot show it as Loss
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On 04 October 2018 at 13:45

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