Can u please provide feeded finalcial staetement and trial balance

Sir,

my query is like this.

1) a director/promoter of a private limited company inputs cash into the company's bank account.
2)then a cheque is issued from the company bank account to a insurance company i.e. icici prudential.
3)icici prudential issues a health insurance policy in the director's/promoter's name.

1)to which account head should the director's cash input go to.
2)the bank account is credited, which account is debited

please resolve my query.

regards
vijay

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Respected Sir

As per Income Tax Rule 6DD, Cash payment can be made upto Rs.20000=00 for one transaction if cash pyt exceeds Rs.20000=00 then it will be disallowed.

Is the same rule is applicable to Statutory Body also.

Can you suggest any book to refer Accounts of Statutory Body?

Thanks

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