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Claims account Dr. To Claims intimated but not accepted and paid account Cr. To Claims intimated and accepted but not paid account Cr. Explanation: The appropriate adjustment entry, as per option B), is to debit the "Claims account," credit the "Claims intimated but not accepted and paid account," and credit the "Claims intimated and accepted but not paid account." This reflects the movement of amounts from the "Claims account" to the two specified accounts. This approach ensures accurate accounting for claims that have been intimated and accepted but not yet paid, as well as claims that have been intimated but not accepted and paid.
What does CSMA/CD stand for in the context of LAN technology?
During which phase are process specifications typically defined?
Consider below arithmetic operation in python and predict the output
X=7.5
Y=2
print(X//Y)
Which of the following is NOT a type of database backup?
Which company originally developed the Go programming language?
State true or false
The Arithmetic Logic Unit (ALU) is a crucial component of the CPU responsible for performing arithmetic and logical operation...
What is the main advantage of using NoSQL databases for big data storage over traditional relational databases?
What is exception handling in programming?
What is the primary role of semantic actions in syntax-directed translation?
Which of the following is a characteristic of a well-formed transaction?