Accountancy, asked by yashjio778, 1 month ago

write journal entry

1)Life insurance premium of rupees 500 paid by cash and office insurance premium of rupees 5000 paid by cheque

Answers

Answered by suraj129mathur
0

Explanation:

Life Insurance Premium A/c ...Dr. = 5500

To Cash A/c = 500

To Bank A/c = 5000

(Being life insurance premium paid against cash and cheque)

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