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entry of goods burnt by fire

This query is : Resolved 
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(Querist)
05 August 2010 dear Sir,.

assounting entry of fixed assets burnt in fire and insurance claim is pending at the end of the year
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
05 August 2010 Loss on Fire ---- dr
Insurance claim receivable ----dr
to, fixed assets

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