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 / 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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