Insurance claim

Insurance is a capital guarantee product plus, insurance contracts do not fall under the scope of revenue recognition standard, so, adding all together, it is a capital item.

Insurance a/c 

To Cash a/c

(purchased insurance)

Loss of goods a/c 10,000₹

To Asset a/c 10,000₹

(goods lost in fire)

Cash a/c 8,000₹

To Insurance claim 10,000₹

(claimed full insurance, but received only 8,000₹)

cash received on insurance claim.

and 

P&L a/c 2,000₹

To Loss a/c 2,000₹

(loss taken to income statement)

Here, I have used only final accounts entries. In reality, you have to account for different accounts: https://www.accounting-basics-for-students.com/what-is-the-journal-entry-for-an-insurance-claim1.H T M L

Forgot to mention, Bank and Cash are interchangeable. What ever the mode of payment, everyone uses it.