Accounting entries in case of shortage: before approval:
Borrow: loss and surplus of pending property-loss and surplus of pending fixed assets.
accumulated depreciation
Impairment of fixed assets
Loans: fixed assets
After approval:
1) can get insurance compensation or negligence compensation,
Debit: other receivables,
Loan: loss and surplus of pending property-loss and surplus of pending fixed assets.
2) According to the amount that should be included in non-operating expenses,
Debit: non-operating expenses-loss of inventory,
Loan: loss and surplus of pending property-loss and surplus of pending fixed assets.