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What journal entry will be passed for prepaid insurance? - Accounts

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प्रश्न

What journal entry will be passed for prepaid insurance?

रोजकीर्द नोंद
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उत्तर

Journal Entry
Date Particulars L.F. Debit
(₹)
Credit
(₹)
- Prepaid Insurance A/c     ...Dr.   -  
      To Insurance A/c     -
(Being insurance paid in advance, treated as a prepaid expense.)      
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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 15: Project Work - PROJECT WORK PROBLEMS [पृष्ठ P-29]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 15 Project Work
PROJECT WORK PROBLEMS | Q 5. | पृष्ठ P-29
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