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 ? | 39 Yes | 9 No |
Post New Answer View All Answers
Dillution effect on EPS
How to prepare finalization accounts?
whether bills of exchnge can come under the category of reserves and surplus
are tpt, freight & packing charges part of sales & purchase ??
What is Statory Books ?
Explain dual aspect term in accounting?
Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-
What all are the documents need to check for a supplier payment?
What is the entry for provision?
Why some asset accounts have a credit balance?
purchase plant and machinery
Can it be possible to transfer FCRA funds to an ngo who don't have FCRA registration no.
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
SHADOW BALANCE SHEET