Insurance paid by company for staff

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SATYANARAYAN B.KOLI (Querist)

28 February 2013 Dear Sir,

Please note that my company has paid Insurance premium of Rs.10,205/- to LIC twds Accidental policy of our two marketing staff but LIC has issued Receipt in favour of staff & not company kindly guide how to Account for this transaction ??

mitha

mitha (Querist)

28 February 2013 Respected Experts,

Can anyone please help me out finding the best books for IPCC papers. I am preparing for Nov 2013 exams.
I have Tulsian's books for Accounting & Cost Accounting ( grp I) - latest editions.
For Auditing - Kamal Garg Sir 's Book n Class Notes.
So I need suggestions for rest of the papers like:
Law, ethics n communication
Financial Mgt
Taxation
Adv Accounting
IT & SM
apart from study materials.
Pls Pls help me out..

Thanks in Advance

Ajay Mishra

Ajay Mishra (Expert)

28 February 2013 You may go for the following options regarding reference books for IPCC:

1. Accounts: Shukla & Grawal
2. Auditing: V K Agarwal or Padhuka
3. Law: Munish Bhandari or M P Vijay Kumar
4. Ethics & Communications: M P Vijay Kumar or Padhuka
5. Costing: S.N. Maheshwari & Padhuka
6. F.M.: Saxena and Vashisth and Padhuka
7. Taxation:
For Tax Theory: T N Manmohan /Girish Ahuja
For Numerical: Dr. Vinod Singhania
8. Information Technology: Padhuka and Dinesh Madan Notes
9. Strategic Management: Padhuka and ICAI Study Material

Also refer Scanner and suggested answer issued by ICAI for previous year exams.

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