Accountancy, asked by anujkoltharkar9087, 2 months ago

Insurance premium Rs.15000, prepaid insurance premium Rs.3000, calculate the insurance premium to be debited to income and Expenditure A/c.?

Answers

Answered by reddysekhar17mcom

3

Answer :

Rs. 12,000

Explanation :

Insurance premium 15,000

(-) prepaid Insurance. 3,000

12,000

Rs. 12000 Debited to Income and Expenditure Account

Previous Question

Next Question

Similar questions

Science, 30 days ago

The density of water is maximum at ______ . 1) 0° c 2) -4°c 3) 100°c 4) 4°c...

Math, 30 days ago

ACTIVITY MAKE A MATHS CROSSWORD PUZZLE (HINT: You can use the four operations - addition, subtraction, multiplication or division to make a puzzle)...

English, 30 days ago

Question 1 [400- 500 words] Write a character sketch of each of the three women characters: the girl from Grande Marina, Assunta, and the young girl ( the first wife) in Maupassant's story. Which character do you think is most completely drawn? Give a reason for your choice.

Math, 2 months ago

45+92+37+2888+1-10+1828...

Computer Science, 2 months ago

________group has the select options. a.Clipboard b.Image c.Colour...

Physics, 9 months ago

A coin 2.54 cm in diameter held 254 cm from the eye just covers the full moon. What is the diameter of image of the moon formed by a concave mirror of radius curvature 1.27m. Ans: 0.633 If the object is at...

English, 9 months ago

PARAGRAPH ON DISCIPLIN......IT'S 100 POINT...

Physics, 9 months ago

a train starting from a railway station and moving with a speed of 40 kilometre per hour in 10 minutes find its acceleration...