1. Classify the following into Assets, capital. Liabil
ites Expenses I Lassess of Revenue / gains
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Explanation:
1. Operating Profit / - Loss
(A) Fire Insurance
(B) Marine Insurance
(C) Miscellaneous Insurance
(D) Life Insurance
2. Income from investment
(A) Interest, dividend and rent-gross
(B) Profit on sale of investment
3. Other Income:
Forex Growth / (Loss) - -
Interest on Income Tax Return
(Provision) / Ritual Back of doubtful debts -
Miscellaneous Receipts
4. Provisions for doubtful debts and investments
5. Amortization of premium on investment
6. in the value of discounted investments
7. Provision / (written off) for Doubtful Debts
8. Other Expenses:
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