Dear Experts,
Please advise accounting treatment of Guaranteed Benefit Insurance Policy premium paid by company for company directors
Menu
Accounting of Directors Insurance
Replies (1)
It is an expenses for company , debit to P & L Account
Insurance premium A/c Dr
To Bank A/c. Cr
( premium paid by company for Director) .
Insurance premium A/c Dr
To Bank A/c. Cr
( premium paid by company for Director) .
Related Topics
CAclubindia
