Question
GOODS DESTROYED IN FIRE . THE JOURNAL ENTRY WILL BE
A. PURCHASE DR. Â Â Â Â Â TO LOSS ON FIRE A/C B. LOSS IN FIRE A/C DR. Â Â Â Â Â Â TO PURCHASE A/C C. LOSS IN FIRE A/C Â Â Â Â Â Â TO SALES A/C D. LOSS IN FIRE A/C Â Â Â Â Â Â TO GOODS A/C Â Â Â Â Â Â ÂSolution
The correct answer is B
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