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 / santosh wagh

if the Insurance paid for next financial year than entry
will pass
Prepaid Exp A/c Dr
To Insurance Exp

Is This Answer Correct ?    70 Yes 21 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is bad debt expense?

1090


hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me

2271


Do you know what qualities and skills make an account manager successful?

1115


what is account reconcillation

2154


i am normally accountant. i am not a CA. then i learn a account maintain

1838


Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.

2343


Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????

1450


Do you know what is balance sheet?

1099


I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

1849


what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???

6088


What is the difference of cost accounting and financial accounting?

997


Explain miscellaneous expenditures & profit and loss account debit balance

1078


Tell me in accounting, vat abbreviates what?

1193


Time limit for payment of divident for listed limited companies & Unlisted public limited companies are? 30 or 45 or 60 or 90

2506


what will be the possible question for an interview in account post as a fresher

2002