insurance claim for loss of stock

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Hey friends, this video is about Insurance claim where we learn how to calculate amount of claim for loss of stock due to fire when gross profit rate is given. When Gross Profit Rate is given in question then we calculate amount of claim from the following steps-
1. preparation of memorandum trading account
2. calculation of loss of stock
3. calculation of amount of claim for loss of stock
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Timestamps

0:00 Intro
0:18 loss of stock by fire
1:50 example of loss of stock when G.P.Rate is given
3:14 summary of example of loss of stock
4:17 memorandum trading account
6:46 loss of stock
8:00 amount of claim for loss of stock
9:33 Outro

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Be sure to Check my other videos
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Cost Accounting in Hindi
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Cost Accounting in English
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Accounting in English
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