IndigoLearn

Forums

Advanced Accounting Insurance chapter

Advanced Accounting Insurance chapter doubt: Pls Help.. In Que no 16 of PM.. insurance chapter how this closing reserve calculated 3,97,950(3,70,000+18,950). Question mentions the closing reserve is only 5% of net premium.. then why did they added net premium with closing reserve.. is actually closing reserve be only 18,950??

Attachments

IMG20200415203400.jpg

IMG20200415203423.jpg

IMG20200415203413.jpg


Pooja Dev

Pooja Dev

CA Inter

920

15-Apr-20 20:42

37

Answers (1)

No.only the additional closing reserve is 18,950


anamika vardhan

anamika vardhan

CA Inter

1K+

16-Apr-20 09:42

Individual Modules are back
CA Foundation Scholarship
IL Pass percentages
SFM Launch
Tally Free
Quote
Refer
EMI
Lazypay
Past_Exams
Economics for Finance Launch
Financial Modelling