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GOODS DESTROYED IN FIRE . THE JOURNAL ENTRY WILL BE
A. PURCHASE DR.
TO LOSS ON FIRE A/C
B. LOSS IN FIRE A/C D...
At the end of the accounting year the capital expenditures are shown in the:
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Cost of goods sold will be:
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Short-term capital gains arising from the transfer of equity shares in a company or units of an equity-oriented fund or units of a business trust charg...
