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How do we know whether the joint life policy is taken as a expense , asset or a reserve?


Akshita  Prava

Akshita Prava

CA Foundation

35

05-Nov-20 20:18

34

Answers (2)

If taken as expense, you will not find it in balance sheet.


Suraj Lakhotia

Suraj Lakhotia

Admin

06-Nov-20 12:42

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