Interested to Buy Any Domain ? << Click Here >> for more details...
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
- 13 Answers
- 19452 Views
- Genpact, Uttam Galva, I also Faced
- E-Mail Answers
Answer Posted / kuldeepkumar
hi sai, if the MD issues his own cheque for his personal
insurance. then would not be any entry for this in account
of company.
if the co. is responsible for paying his insurance -
Insurance a/c ... dr
To bank a/c
(being insurance paid for MD life cover)
if he issues cheque from co. for his personal insurance then
Drawings a/c....dr
To Bank a/c
(being withdrawl money by MD for paying his ins premium)
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is the difference between deferred revenue and accrued revenue?
we can transfer stock between two firms with same name but prop. is different.
purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law
in Tally what is cost cenre,cost categori and why we need to prepare them
what is the process of cenvat credit taken in service tax( in direct & indirect service)
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?
how to solve cashbook question
Tell me do you think there is any difference between inactive and dormant accounts?
Explain fictitious assets?
How is scrap value calculated?
What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?
What is your role in planning?
Who created snapit accounting?
Which accounting applications are your familiar with?
