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Why insurance claim for stock damaged by fire is a revenue receipt?

PC Anywhere Insurance Insurance Claims
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Question added by Ajay Happy singh
Date Posted: 2017/11/03
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Mamoun elbaghir abdalla mhamad Eltayeb
by Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

I think claim paid is a compensation and recovery that can be registered and count in the credit side .

Thanks

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