Premium collected by Insurance co. What will be all Journal entries & effect in the book of Insurance co in Transaction date & Period end date.

Answer Posted / navin kumar

Bank/Cash A/C Dr
To Insurance Premium
(Being payment received on insurance premium)

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me

1835


my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.

1138


what is core accounting?

1851


what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?

1455


What is the difference between depreciation and amortization?

610






I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

1292


What is corporate assesses?

1955


If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet

1998


can any accountant forward format of daily or monthly mis format for accounts and finance dept!!

1437


One Institute, after completion of course not issue any certificate to students, they issued certificate from other branded institute with cost (Kindly provide the term of this expenditure to appear in P&L a/c)

2029


How does accounting contribute to the community?

646


What is tally accounting?

704


Why do you want to be an accountant?

639


Explain me is any difference between inactive and dormant accounts?

628


Explain me what is general ledger account?

648