How can we treat as insurance claim amount in accounts?

  Insurance claim can be explained with one example.
Assume that goods lost in fire and and received insurance claim 1.
Goods lost by fire Rs.8000 a) Goods lost by fire are the loss of business, so loss by fire account will be debited.
b) There is decrease in goods or stock at cost, so purchase account will be credited.Loss by Fire Account Debit8000Purchase Account Credit80002.
Goods insured and a claim is admitted by insurance company in full .
a) Insurance company will be our debtor.
Transaction has increase in debtors because we have to get money from insurance company.
So, this account will be debited. 
b) Decrease in loss by fire, so this account will be credited. 
Insurance company Account Debit8000Loss by Fire Account Credit8000

Treatment of insurance claim depends on the nature of claim. If it received in respectal gain

Asset.- If the claim amount is more than WDV of asset then the difference is capital gain, otherwise credit it to p&l a/c

Employee-Give credit to employee & debit insurance co

any other - credit p &l a/c

 Here insurance word mention in general so we can take it in two different way 1) is claim for the person to treat as in one way if we have to pass on the claim to the person to reduce your company burden and give to them.
In other words if we don't want to pass on the claim to the person then reduce your expenses which you paid as premium at the time of getting insurance.
2) Is the claim for the assets of the company to account it in assets account by reducing the assets (Credit) value and write it off the assests for the balance in asssets account.
feed back and commet please.

This will be treated as a profit or loss on the disposal of an asset