Journal entry

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

31 May 2017 if a company is having car as assets and if one car gets insurance claim for repairs from insurance company what are the journal entries for adjusting that insurance claim amount met by insurance company

Expert : Anonymous

Expert : Anonymous (Expert)

31 May 2017 For actually expenses Expenses To Bank For claim provisioning Provision for Insurance To Insurance Claim For claim receipt Bank To Provision for Insurance

Expert : Anonymous

Expert : Anonymous (Expert)

31 May 2017 For actually expenses Expenses To Bank For claim provisioning Provision for Insurance To Insurance Claim For claim receipt Bank To Provision for Insurance

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