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Bcom Advanced Financial Accounting Chapter-1 notes part 1

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Bangalore university bcom 2nd semester Advanced Financial Accounting Chapter-1 notes part 1

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PAGE:...
DATE:


CHATER -|- InsuRANCE CUAlMS
foR THE Loss OF SoeK Avo Loss OF PeoFT



Mtaning SusAance
An Suinane i a eqal agaremeut betioen
inslac (Snsunance compan and inswnd
Cdividal) in whieh Hhe cota individual
eives vanial pucteetien om the ccpany
cincanstances.
nsane daimi
LnsUaance
paovida reinaieuenment agaist lese coved
insuaanle


contact dstturen company aud palie
olden which etrnins the claii hhich t e
nne dtqaily arquiad to pay in x henge tc a
inta payment knon a påemium Tae


paliag


ked pian, prepaly, cala lnts, Money tack
Bnic eriren Heath ihsuaance,

, 2uideutial

Tacatment


hpaálicn q iat a ccoun.

Sn the Backs e
Paslteulars Palica |Anut
To Operng Stock XXX* By Salu
(Caah t aedit) x
|AddUueionded
Ruxchase) Sales
Chauing XXX lesi- SalRS Rotewn XX
XXX



Puachae attun XXX X XX
o Diul Waqu XXX
Xx X



X XX


XXX

, PAGE:
DATE:


slepaCalauaticn Ghos Prct Ratio
Grcg Paggt Ratie Gro Prsit
Nt &aley t66
X\00


et Sales (NS) G8(CSt
Gs(cst Cad Sales) - Baleg


Memcandam ladinq Account
D
Tautieuau Amo
Pautiealas
Cpening Stock XXX Bu Saly
To Piachasu aedit ta xxx
Cash Add i- he coxded
Caedit XXX &ales XX
XXX heRs Saley Retush XXX

Ranmgle qisd1 By Cloung Stock
(Shock nthe dat
Puuchas netun XXX




io XXX




Sty4 Ccdeulaliso by Actual Los e Stock

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