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How to record Journal Entry for insurance claim?

Our Company kitchen assets have damaged due to fire, we claim the lost from the insurance company, and the company issues a cheque for us. But i don't know how to record as journal entry for accounting. Can you guide me?

   








Why is my motorbike coming up wrong on insurance quotes ?
Why the hell is motorcycle insurance SOO expensive in Ontario, Canada?
Home insurance, what can i expect on a newly built home?
I am single. Do I need life insurance?
Cheapest car insurance in Chicago? Please help.?
My Girlfriend Doesn't Know How To Save Money. What Should I Do?
Question on buying new insurance policy with previous insurance company?
I have checked with mid that i have coverd for my car but i do not remember who was my insurance company ?
Is a deviated septum covered by insurance.?
** How much does car insurance cost for a 16-year-old in California?
Is it true that most insurance companies will not offer homeowners insurance if you purchased your house over 30 days ago?
How much would insurance cost for a 2002 bmw 540i compared to the 530i and the 330i?
Is a Porsche 944 good in the snow, cheap insurance, etc?
How does motorcycle insurance work?
Someone stole my National Insurance number?
Is dental treatment expensive in the USA?
Can I add insurance to my tmobile phone after getting it stolen?
Am i considered the registered owner of a leased vehicle?
What is the financial limit on car insurance policies drivers carry per car on average in the USA.?
Cheap car insurance for new drivers?
Where can I get Affordable Life Insurance?
Does medical insurance cover circumcision in the US?..?
Car recommendations for a college student?
What will be the insurance on a Mitsubishi Evolution IX MR at age 21 ?
Insurance difference Renaultsport Clio 172/182?
California motorcycle license??????????
What is the penalty for not having insurance in 2014 for a single person?
I want to insure my car for only 4 months?
What a good car insurance for a teenager?
Is car insurance cheaper in the 78212 zip code than it is in the 92692 zip code?
Im a 14 years experianced driver , going to reside in USA, Wi, soon ; how will be my Auto Insurance policy?
Can you have more than one term life insurance?..?
Insurance Cost?
Insurance Cost?
The minimum amount your auto insurance must cover per accident is?
Roughly how much is insurance for a 17 year old female?
How Do I Get Health Insurance?
What is the type of insurance that protects against the cost of injuries of others that's our fault?
Which will cost more to insure? 00-04 mustang base or 00-04 mustang gt?
Any ideas how i could get my car insurance quotes lower? 18 year old female driver?
Auto insurance plans?
How does anyone afford medical and maternity insurance???!!!!!?
Are insurance payments for turboed cars high?
Approximately how much would insurance be?
What is the best pet insurance?
Mobile phone insurance?
How much will my car insurance go up if i got an ovi dropped to reckless op?
Car insurance claim ?
Home insurance pay remainder of policy?
What is the best insurance company for young drivers?
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Where can I get the best car insurance online in the UK?
Where can I get the best car insurance online in the UK?


Is insurance on bikes cheaper than cars at 17?
I am thinking of getting a bike when I'm 17 but I was wondering which one is cheaper? If I chose a bike it will probably be a 125cc but if I chose a car it will be like a ford fiesta type. Which one is cheaper to run and maintain?


Delaware auto insurance (state required minimum) cheaper than Geico?
Thanks for taking time to answer but I have already used internet comparison sites. I have called up them as well. but is there no competition for Geico?? that's strange..none of the companies including Travelers haven't been even able to match the price. Why these companies are in business?? come on I need to have at least one option!


Indiana resident buy car insurance in Chicago?
I go to college in Indiana and hold an Indiana license. I'm working in Chicago this summer and thinking about buying an affordable used car here since there are way more options in the city. I'll go back to Indiana in the fall and would like to register the car as an Indiana one. Since I can't drive the car without an insurance, I wonder if I can buy insurance here in Chicago and still register it as an Indiana car? Thanks a lot."


How much would it cost for a 17 year old for provisional drivers insurance?
How much around, price brackets?"


Buying motorcycle(street bike) and insurance?
Okay im going to be buying a new yamaha r6 in a couple of weeks. Before I bring the bike home I heard that Im going to need insurance before I bring it home. So should i start looking for an insurance now and get quotes or can i bring the bike home and then look for insurance. Im 19 years old.


Term life insurance - All cause vs accidental death coverage?
I recently obtained life insurance and was surprised to find my coverage amount was split between an all cause benefit and an accidental benefit. Is this typical or is it possible to obtain coverage that provides an all cause benefit only? I am concerned that I will only have partial coverage if I am diagnosed with a terminal illness in the next 20 years as the accidental death coverage would not apply in that case.


What does a Auto Insurance Representative do?
What does a Auto Insurance Representative do?


How can I get a fair replacement cost by the auto insurance company when my car is totaled?
my car is being paid off by the other person's insurance company, not mine."


"After buying a used car, could I drive it right away without auto insurance?"
After buying a used car, could I drive it right away without auto insurance? Do I have to have auto insurance in CA? Thank you!"


What cars result in cheap insurance for young drivers?
What cars lead to new (young) drivers (aged 17/18) having lower car insurances then they would do with the Golf's or the Civics's. I would like to know male attracted cars. Thanks in anticipation


I only make 8.57 hour?
i work full time.how can i get affordable health insurance


Question about car insurance.?
So I have a question, If I use my fathers car would he have to register his insurance on my name also? Or will it not matter since the cars registered in his name? Just in case anything happened. Just wondering."


I have a question about car insurance in N.C.? I REALLY NEED AN ANSWER????????????????
okay, im 15, im about to get a car signed over to my name, what im wanting to do is have it in my name, work out the problems with it over the years, then by the time i get my license, it'll be running nice and good so i dont have to worry about it, sounds simple huh? well i've only encountered one problem with this, and that is my mom says that you need to have car insurance to be able to own a car by law. so the whole time that i own the car, fixing it up and stuff, (when im not driving it), ill have to pay car insurance on it, i dont have a job yet, so i dont wanna dig a ditch that i cant get out of, so by law in N.C., do i have to have to have car insurance on a car, if i dont have my license, and im not driving it, i guesse a simpler way to put it is do i have to have insurance on a sitting car. an answer is crucial and best answer gets 10 points, please help thank you"


I need help with getting insurance...?
I am 19 years old and have just passed my test, I am female. I'm not sure what car to get that will be cheap on insurance and to buy??? any help would be much appreciated."


How to record Journal Entry for insurance claim?
Our Company kitchen assets have damaged due to fire, we claim the lost from the insurance company, and the company issues a cheque for us. But i don't know how to record as journal entry for accounting. Can you guide me?


Car insurance expired?
my insurance expired today, do i have to declare my car is off road while im trying to sell it. is there a time limit"


Roughly how much will my car insurance cost?
Im nearly 19 and Im looking to do my test and get a car as soon as I have the money. I would probably be getting a 2nd hand car within the 750 - 1,500 range, probably something simple what most get for their first car such as a corsa, punto, focus, clio etc. I can afford the car and the lessons, one thing I dont really know about is the insurance. I know it will be different whoever you go with but can you give me just a rough idea of how much Im looking at? I was hoping that it would be as cheap as 20/week (1,000/year). Thanks."


Insurance rate on 2010 camaro v6?
Hey ive jus finished drivers ed, and im turning 16 in the fall. Im planning on buying a v6 camaro in the spring and i want to know how much insurance would cost a month. (i live in canada)"


"What is a good, affordable auto insurance?"
I currently have Famers and have been a loyal customer to them for several years. I have no priors, no tickets and I'm a great driver. They have just increased my rates and I don't agree with that. Could there be a reason . In the mean time, I think I would like to shop around for different insurance. Thanks for any ideas."


What's the average cost of car insurance for a young person?
I'm 21 and I have never owned a car. I just want to get an estimate of the average cost of insurance. I know it will be high for someone my age. I've had a wreck when I was 18, but I got a no-lo. Will this effect anything?"


Cheap car insuarance for young drivers?
Im an 18 year old girl just passed my driving testr didnt think insurance would be so much. Iv checked most comparison sites does anyone know how to bring my insurance down or cheap deals:?


Can someone please tell me how to get cheap liability insurance in the state of South Carolina?
I need cheap liability insurance in the state of south carolina for me (36 years old) and my 16 year old daughter. And Geico is not cheap! Any body have any suggestions?


What is the best place to get insurance from when just passed test (uk)?
obviously i know its more expensive than other driver groups, im not an idiot."


Can i sue an at fault driver even if i dont have car insurance?
I was in an accident today and my car was totalled. I was not at fault in any way, however since Michigan is no fault state the at fault driver does not have to pay for my damages. I do not have insurance but I would like to sue her for minor injurion and damages to my vehicle since now i have no way to and from school or work. Can I sue her even though I dont have car insurance? 4 minutes ago - 4 days left to answer."


"At fault driver insurance won't cover everything, who do I sue? (CA)?"
I got rear ended by someone about a month ago. He did not have a driver's license, the only thing he had at the time was his ID issued by Mexico. The car he was driving was insured under Infinity and he was not the owner of the vehicle. A few days ago, Infinity sent someone to estimate the repair costs and it was determined to be around $2400. However, since my muffler/pipe was too old, they refused to cover everything and told me that I have to pay around $800 out of pocket. I took my car to the car shop yesterday, and the car shop estimated that the repair costs is actually going to be over $3000 and they've never heard of a company claiming that they're not covering the repair fees of certain component of a car simply because it's too old. My question is, in this situation, is the insurance company trying to scam me? If yes, should I sue? And if I do, do I sue 1)the driver, 2)the driver and the owner of the car, or 3) the driver, the owner of the car, and the insurance? And what would be my chance of winning?"


Average insurance on a Nisan Micra?
I'm not planning to buy a car for a few years but I would like to open an account saving up for insurance ect. so I am prepared. I'm planning to buy the nissan micra or a car of similiar price and size, its not extremely important to me. I would like to know a rough price for my insurance so I know what I'm working with. Please do not tell me to look on a car insurance website like go compare or confused.com, I have tried this but do not want to fill out a long form filled with questions I am unsure about. As I said, I'm not being exact, I just want a rough price. I am aged 17-22 and female. Any rough prices are welcome:)"


Can I buy a car in CA for my fiance stationed in CA but have PA insurance for it because of my other car?
My fiance is a Marine and is in CA. We wanted to buy a car for him to use since at some point in the future i plan to move out there from PA anyways since we are getting married in Nov 07. We got a much better rate if I buy it by myself since I have awesome credit and his isn't as good at the moment due to id theft, but now i need to get insurance for it. I already have a policy in PA for my current vehicle. If it is registered in CA what do I do?"


In terms of premium cost the most expensive type of insurance is?
In terms of premium cost the most expensive type of insurance is?


"I am buying a used innova car, will the car insurance be in my name?
The car is having a loan of Rs 350000/- & i am planing to take over the loan. But if any thing happens to the car in the loan period will the insurance company pay to me or the owner who has made the insurance.


Can a convicted felon obtain a licence to sell insurance?
I am a 33 yr old female in Texas with a federal coviction. Can I obtain an insurance license to start my own business? I have been selling insurance for the past 3 years and I would like to open my own franchise. Is it possible, if so where/how can I start?"


How to record Journal Entry for insurance claim?
Our Company kitchen assets have damaged due to fire, we claim the lost from the insurance company, and the company issues a cheque for us. But i don't know how to record as journal entry for accounting. Can you guide me?


What is the best way to renew your car tags in Texas if your insurance is not up to date?
Is it better to renew the tags online or go to the office that renews the tags in your county? My insurance has expired and i dont have money to renew right now do they check online?


How do I lower my car insurance?
I have a 2001 Toyota Rav4L with 65K miles on it and paid for. The Kelly Blue Book value gives me an average estimated value of $9,000. My insurance now with Liberty Mutual is $113/month. So a little over $1,300/year. I called last time to get a lower rate but they convinced me that this is the minimum I should stay with and lowered it from $150 by increasing my deductible. I put my specifics in progressive and quote-net and ended up with half the rate for nearly exactly the same conditions that liberty is offering me. I plan to take public transportation more and park the car. I just want to be able to legally drive it to get somewhere in case of emergency and be covered if the car is hit. What would you suggest?"


Where i can get very cheapest motorcycle insurance?
i bay a motorcycle and my dad don't agree to give some money for my insurence


Car & Health Insurance?
Mary Jo, I guess what I'm trying to say, is that not enough people make enough money to afford both. They can find jobs, but none that carry health insurance. But for them to go to work, they have to pay car insurance. That we as a society demand our vehicles have insurance instead of ourselves and our families, this is what I'm questioning for us as a country."


Car insurance question?
I just turned 16 and got my driving permit. I would be using my grandmothers car and she has erie insurance. My question is.. Am I allowed to practice driving on the car even without getting insurance? She insists that I'm not allowed to unless I get insurance but everyone else I know does it without. She thinks that I am going to get in a crash because I can't keep my room clean. (wtf?)


How much is insurance for a Porsche Boxster?
I'm 16 and getting a Boxster. I would like to know how much insurance is for it. We have state farm insurance. And I DO NOT want to hear Parents shouldn't give their teenager an expensive car!"" Just because I am a teenager"


I live in Florida. Can I get renters insurance to protect my things if I live with my parents?
I should add that I'm not a student and 24 years old.


"Where to get the cheapest car insurance for new driver, and which combinations of options, to get it lower?"
I am 17 and lice in Hartlepool in England and I have got a 1.2 mk2 3 door Fiat Punto. And i need insurance, apparently Adrian Flux is cheep for young drivers, but just over a month ago i was quoted 1800, and now that i need it i am being quoted 2600, y? I was also surprised when i found out that my car is a group 4 insurance, with it being a little 60bhp 1.2 compared to my mates 130bhp car being a group 5. I cannot go on my mams insurance either as she can only drive an automatic. So I considered selling my Punto and try getting an automatic to go on my mams insurance as she has over 10 year no claims, but her 200 insurance went up to 2500. I guss alot of the price being because of where we live, there was multistory flats, in a big estate, and was a bad area, but now they have been knocked down and is now a new modern housing area. Is there anywhere I can contact, to come prove it is a nice area now? Thanks"


Window tint affect insurance? Insurance is through a transport company?
I am insured via a transport company so im on the insurance of the business. Will window tinting affect my insurance if its legal tints? Does it normally affect insurance?


If employers quit providing health care insurance?
would those of you that are defending the US health care system still defend the system even though it cost about 2x that of other industrial countries without any better results? That is what is currently happening. Many large companies were paying the full cost of the health care insurance for the employee and family about 10 years ago. Today many of those companies now charge their employee about 25% of the health insurance cost due to the rapidly rising health care costs. Many large companies are now passing on the health care costs that exceed inflation to the employee. If the current rate of increase for health care remains the same, it is expected that employees will be required to pay over 50% of the health care premium within 10 years and over 75% within 20 years. Even if the latest agreement between the white house and health care providers (insurance companies, doctors, hospitals, etc.) comes true to reduce health care cost increases by 1.5% per year (down from 7.5% to 6%), the health care cost to employees will still increase significantly over the next years. Currently almost 1/4 of all health care costs are attributed to administrative tasks and profits for health care insurers (well more than any other country)."


How does a Deductible on car insurance work?
can you add a deductible on anytime?


What is the advantage of Term Insurance?
Are there any advantages of term insurance?


Free car insurance quote?
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Can the beneficiary take over a life insurance policy from the owner?
Can the beneficiary take over a life insurance policy from the owner?


What's an estimate of how much a vauxhall corsa 1.2 would cost for insurance for a 17 year old girl?
72,000 miles, it's 8 years old, also it's black"


How to record Journal Entry for insurance claim?
Our Company kitchen assets have damaged due to fire, we claim the lost from the insurance company, and the company issues a cheque for us. But i don't know how to record as journal entry for accounting. Can you guide me?