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partnership

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

16

Answers (2)

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


Suraj Lakhotia

Suraj Lakhotia

Admin

06-Nov-20 12:42

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

ok Sir


AKSHITA SITA PRAVA

AKSHITA SITA PRAVA

CA Inter

10

07-Nov-20 14:09