In accounting, consignment refers to a business arrangement where goods are sent by one party (the consignor) to another party (the consignee) to be sold on behalf of the consignor. The consignee sells the goods and remits the proceeds to the consignor, minus an agreed-upon commission.

If consignment goods are destroyed by fire while stored in a godown (warehouse), it is considered an abnormal loss. This means that the loss is unusual and unforeseen, and not part of the normal course of business.

When the goods are destroyed, the consignor will need to account for the loss in their books. The accounting treatment for the abnormal loss of consignment goods destroyed by fire would typically involve the following steps:

1. Recognition: The consignor should recognize the loss in their financial statements, specifically in the income statement. The loss should be recorded as a separate line item under expenses, such as "Abnormal Loss due to Fire."

2. Valuation: The value of the consignment goods destroyed by fire should be determined. This can be done by referring to the consignor's records, such as the consignment agreement or invoice, to determine the original cost or selling price of the goods.

3. Insurance: If the consignor had insurance coverage for the consignment goods, they should file a claim with their insurance provider to recover the value of the goods destroyed.

4. Reconciliation: The consignor should reconcile their records with the consignee's records to ensure that both parties agree on the quantity and value of the goods destroyed. This is important for accurate reporting and settlement of any outstanding amounts.

It is worth noting that the specific accounting treatment for abnormal loss may vary depending on the accounting standards followed by the business and any applicable insurance policies. Therefore, it is recommended to consult with an accountant or financial professional to ensure proper handling of the abnormal loss in accordance with the relevant accounting principles and regulations.