If stock worth Rs. 10,000 (that has not been insured) is destroyed by fire, the accounting entry is
1
Dr Profit &Loss A/c 10,000 Cr Trading A/c10,000
2
Dr Stock A/c10,000 Cr Trading A/c 10,000
3
Dr Trading A/c 10,000 Cr Stock A/c10,000
4
None of the above