Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the journal entry for insurance premium payment of a
company

Answer Posted / sankeerthana

Whats new in it Just like other payment entries
Insurance a/c dr
To Cash/bank a/c
(being insurance premium paid)
To know more about accountancy and taxation Pl Visit my
favourite WebSite http://therealaccountants.com

Is This Answer Correct ?    173 Yes 23 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me what is accrual accounting?

3896


What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance

6378


What is tally accounting?

1189


how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

1646


What are time sheets? How are they maintained?

1127


saji become insolvant -what is journal entry

1851


Define partitioning in accounting?

1634


What are the activities that are included in the cash flow statement?

1057


Explain me the basic accounting equation?

1091


what is profit and loss(dr) in cash flow statement?

2108


director wife expenses which entry

2032


If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?

1177


How to pass an general entry for materials which are stored in warehouses??????

2342


What are the differences between contrast bookkeeping and accounting

1079


if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3814