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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 / amit k prasad

If MD issue cheque from company account than entry should
be -----------
Drawing A/c Dr.
To Bank A/c

If not than there should be no entry in the book of company.

Is This Answer Correct ?    15 Yes 0 No



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