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.
When was the Employees' Provident Funds and Miscellaneous Provisions Act enacted?
Which bank has entered into a partnership with Aditya Birla Sun Life Insurance to provide insurance solutions to its customers?
India's first underwater metro expected to be ready by ______?
The capital of Rajasthan is?
According to the National Policy on Biofuels, the Government envisaged an indicative target of 20% ethanol blending in petrol by year_______?
Consider the following statements:
I. Iran and Belarus are likely to be the two newest additions to the Shanghai Cooperation Organisation (SCO)
What led to the permanent closure of the Afghanistan Embassy in Delhi, effective from November 23?
Why did Kenya cancel infrastructure and energy deals with the Adani Group?
Which bank launched a feature-rich Savings Bank product for women called Mahila Mitra Plus which provides a curated set of features, designed to make f...
What is the theme for World Ozone Day in the year 2023?