Accountancy, asked by karkisova798, 3 months ago

how to adjust life insurance of owner in profit account or balance sheet


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Answers

Answered by masteranshulkumar9
0

from of revenue account fir life insurance only

Answered by Anonymous
35

Balance the pr0fit and lo$$ rep0rt. Add a line at the b0tt0m of the rep0rt labelled "Net Inc0me." Subtract the total expenses from the total revenue.

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