Accountancy, asked by vishakhasharma771, 10 months ago

what is life insurance premium and how it is treated in final accounts

Answers

Answered by akifjameel180

0

Answer:

The insurance companies are required to prepare their financial statements i. e. Revenue Account, Profit and Loss Account and Balance Sheet according to the Insurance Regulatory and Development Authority (Preparation of Financial Statements and Auditors’ Report of Insurance Companies) Regulations, 2002.

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