<![CDATA[FrontAccounting forum — Accounting entries for minor accident and insurance Claim]]> https://frontaccounting.com/punbb/viewtopic.php?id=4647 Fri, 03 Jan 2014 07:44:40 +0000 PunBB <![CDATA[Accounting entries for minor accident and insurance Claim]]> https://frontaccounting.com/punbb/viewtopic.php?pid=18909#p18909 Hi

Suppose a vehicle has an accident. And repairs expenses are 10,000. Insurance claim is for 15,000. What journal entries be made at the time of accident to the point when insurnace claim is received.

Thanx

]]> Fri, 03 Jan 2014 07:44:40 +0000 https://frontaccounting.com/punbb/viewtopic.php?pid=18909#p18909