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Insurance claim

Accountancy

Sir, in this they add firefight exp after apply of average clause but as per theory we have to deduct the fire fight expenses from salvage value

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subramanyam yendakuarthi

subramanyam yendakuarthi

CMA Final

★ 4K+

25-Feb-20 06:36

873

Answers (1)

Fire fight expenses is generally deducted from salvage value.

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

26-Feb-20 17:57

Your Reply

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