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hi to all this is sai i attend interview for genpact last week
he asked me about BRS :if ur MD issued a cheque for his own
insurance premium what u will do?
this is the question plz give answer for this

Answer Posted / vikas jain

if company liable to pay premium :

Insurance & Premium A/c DR.
To Bank A/c
(Cheq. Still in reconcilation till clearence)

Is This Answer Correct ?    6 Yes 10 No



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