Insurance premium in Arrears
What are the Insurance premium in Arrears?
Expert
Insurance premium in Arrears: For this, let’s take an illustration, you pay your insurance premium after 1 month. When you did not pay 3 month insurance premium, this will be three month insurance premium in the arrears.
An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
From the books of Aggarwal Bors, the following information have been extracted: Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% The firm is proposing to buy a new plant which can generate additional annual profit of Rs. 10,000. The fixed
What do you mean by the term Comparability which is accounting information?
Limited partnerships: Limited partnerships are an alternative to limited liability companies because of their simplicity. All the states encompass passed limited partnership legislation.A limited partn
The first section of the statement of cash-flow. Cash flows from operating activities include transactions (involving cash) that relate to the normal busi- ness activities of the entity. Cash-flows in this section usually involve cash and other current asset or curren
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
Write down the scope of Management accounting?
Indirect Cost: A cost which can’t be recognized particularly with or traced to a specified cost object in an economically feasible manner.
Describe Provisional Entries?
The U.S. market for rice is illustrated below. The world pric
18,76,764
1956699 Asked
3,689
Active Tutors
1442575
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!