Which account is credited in the transaction of goods Destroyed by Fire ?
A. Goods Destroyed by Fire A/c
B. Purchase A/c
C. Insurance Company A/c
D. Loss Due to Fire A/c
Answer:B
Which account is credited in the transaction of goods Destroyed by Fire ?
A. Goods Destroyed by Fire A/c B. Purchase A/c C. Insurance Company A/c D. Loss Due to Fire A/c