Accounts single entry

This query is : Resolved

Divyank Mishra (Querist)
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17 May 2013 WHat is total banking for the year and what is accounting treatment for this
FOR EX. Total banking for the year is 245020
what is accounting entry for insurance claim received at loss.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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23 June 2013 Dr:Bank
Dr:Forex loss
Cr: Insurance claim received

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