Goods destroyed by fire should be credited to | Faculties

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Shiva Ram

🎓 Master ⭐ 30.44K Points

📊 Principles of Accounting

Q. Goods destroyed by fire should be credited to

(A) Puchases A/c
(B) Sales A/c
(C) Loss by fire A/c
(D) Insurance A/c

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✅ Correct Answer: (A) Puchases A/c

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