Multiple Choice Questions on Which of the following items is an expense and debited to the revenue account for an insurance compa........... for Punjab Government (Allied) Exams Preparation

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Multiple Choice Questions

Which of the following items is an expense and debited to the revenue account for an insurance compa...........

Accountancy Company Final Accounts
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    Which of the following items is an expense and debited to the revenue account for an insurance company?

    Commission on reinsurance accepted

    Correct Answer

    Commission on reinsurance ceded

    Incorrect Answer

    Reversionary bonus

    Incorrect Answer

    Premium

    Incorrect Answer
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    Commission on reinsurance accepted

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