In the revenue account bonus in reduction of premium is shown as
A) Liability
B) Income
C) Expense
D) None of these
Correct Answer:
Verified
Q1: General insurance policies are generally taken for
A)One
Q2: When a policy matures on the death
Q4: The fixed assets of an insurance company
Q5: Insurance Regulations and Development Authorities Act came
Q6: Which of the following of an insurance
Q7: Which of the following of an insurance
Q8: Reserve for unexpired risk is shown under
Q9: In life insurance business , claims may
Q10: Surrender value is an expression that is
Q11: …………….. reserve is created to meet any
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents