Puchase of Capital Item ; Repiar of Part i & Insurance Claim

Mechinery A/C    Dr               17,00,000

Mechinery A/C    Dr                     10,000

     To  Bank A/C                                                 17,10,000

(Being amount paid to supplier for the supplier of mechinery vide our P.O. No.#, and CAPEX No#,  Inovice NO#, dated,  inclusive of transit/marine insurance for the machiner vide policy number XXXXXXXXXXXX)

Bank A/C                          Dr                       1,40,000

To  Insurance                                                                    1,40,000

(Being calim recovered from the insurance vide policy no# XXXXXXXXXXXX)

Loss on Assets                   Dr                        35,000

  to Mechinery                                                                  35,000

(Being JV passed for tranisit damage was not fully recovered from the insurance for the respective mechinery FA Tagging)

Thank u sir, Also We have purchase replacement of part of rs.1.75 Lacs & also paid by bank rs.1.75 - so we have to take this purchase in consumables or else ? please reply