Interested to Buy Any Domain ? << Click Here >> for more details...
for life insurance company, premium received from client is
an asset or a liability.
- 1 Answers
- 4806 Views
- ITC Infotech, I also Faced
- E-Mail Answers
Answer / vaibhav shrivastava
for life insurance company it is an asset because it an income
for company, a liability too because on return company have to
pay more.
Hence in life insurance company some amount from premium is
save as provision of return as liability and rest of is used
for investment.
| Is This Answer Correct ? | 5 Yes | 2 No |
what is net worth
What is contingent liability and contingent asset and provision in respect Accounting Standard?
recently release the 6.0 version not succede in the market why?
What is the professional firm you think?
Short Answer on____________Analysing
what do u mean by NPA????
8 Answers State Bank Of India SBI,
How much percentage of discounts lost did you have in accounts payable ?percentage increased or decreased?
Define capital
What is Mean By Defered Tax, How To Calculate?
how did you know about capitaliq? what is the meaning of iq.
9 Answers Capital IQ, Genpact, IQ, Neptune,
what r the basis rule of accounting like what we do if it comes in and goes out it was like debit what comes in and credit what goes out..so what to know this basic law
Dear Sir, an employee going to leave his job and the employer giving him 3months salary of Rs. 45000, and giving 95000/- aginst full & Final Settlement . so tell me how i pass the entry.
Audit 
