Insurance Claimed Amount in which Account
This query is : Resolved
29 February 2020
Dear Sir,
Accidental car Repair by co Bill Amount 70000/-
Cash Paid by our company 14000/-
Insurance claimed approved by insurance company - 56000/-
now which account for 56000/-
Accidental car Repair by co Bill Amount 70000/-
Cash Paid by our company 14000/-
Insurance claimed approved by insurance company - 56000/-
now which account for 56000/-
29 February 2020
in whose books ???????????????
14 March 2020
Either book the expenses with 56000, or book the expenses with full amount and then credit back it with the claim
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