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Insurance amount received for repairing the asset

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(Querist)
10 July 2023 My clients

1. Laptop broke

2. She got a quote from Apple to fix

3. She purchased a new laptop as She was told the processing time was so long for insurance

4. Submitted quote for fix and a new laptop to the insurer

5. They paid for the amount to fix, not the full replacement, minus vat

How to account this and which nominal to use for the amount received from insurer
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 July 2023 Capitalise the value of new laptop.
Use the insurance amount for write off of the old laptop.

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