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

Answer Posted / rocky

Ins premium Dr
To Bank

Is This Answer Correct ?    32 Yes 10 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Please would you provide me with a defenition of Cycle count tolerance ? Thank you

1494


List out some of the examples for liability accounts?

586


please explain all accounting concepts n conventions in detail

1625


how to treat investment fluctuation fund in case of death of a partner

1841


Have you ever heard about tds, what it is?

669






How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500

37699


what is the Differed Tax Liability & How it is calculate ?

1968


what is accounting cycle ?

4741


Tell me why some asset accounts have a credit balance?

629


Mention what does the investment of personal assets by the owner will do?

688


Pl's confirm me this entry how to pass in Tally 9.0 & Tally ERP.9 that if I purchase 20 mobile,30 phone,20 LCD,15 laptop from mangesh @ Rs.7000,Rs.200,Rs.17000 and Rs.14000 respectively on each. But I purchase by cash and 15 days later I sold half of the thing to priya margin of Rs.100 on each by cheque and rest i sold to minal on cash margin of Rs.200 on each. But I received cash 1 month later. so calculate how much profit I got by selling the products.

2848


What are the fictitious assets?

651


what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?

1595


rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

1610


Dear Sir I had already export to dubai. now I am to know that can I enter this sale entry in RG1. pls guide me.

1441