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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
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Answer Posted / suryakiran
If the MD has issued a personal cheque then quite obviously
there would be no question of an entry let alone BRS
If the company pays the premium then,
Insurance premium a/c dr
To Bank a/c
(Would be an unticked item in the cash book untill
the cheque is realised)
| Is This Answer Correct ? | 8 Yes | 4 No |
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