Sometimes, expenses are paid before a service or product is received. A common example is the prepayment of insurance premiums for a multi-month period. For example, if your business pays the full premium for an auto insurance policy of six months in January, the total cost needs to be exp...
Individual vehicle insuranceis not a deductible business expense so the insurancejournal entry for individual vehicle insurance,ifpaid out of the business bank account is: Debit: Drawings(equityaccount)Credit: Cash/Bank(asset account) However, you can then reclaim a portion of that as a business ...
Journalentry_英语学习_外语学习_教育专区 标红的部分分录不确定是否完全正确 A 8.The company purchases land by paying half in cash and signing a note payable for the other C
Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by buying out local partner CNPC Capital for around 99 million euros ($108 million). Generali said it planned to expand its … ...
1.More options, more problems? Lost in the health insurance maze 更多的选择,更多的问题?迷失在健康保险的迷宫中 2.How does health spending among demographic groups compare to Affordable Care Act premium regulations? 与《...
Insurance Veteran Motamed, 74, Dies April 20, 2023 Thomas F. Motamed, an industry veteran who started his career as a claims trainee and eventually led some of the largest insurers in the world, died of brain cancer on Tuesday. He was 74 years old. Motamed was most recently … ...
摘要：Using medical insurance (MI) to shift employees' health risks outside is an important risk management tool for modern firms. Existing studies usually treat firms' contributions to employees' MI only as a labor cost. However, contributing to MI also has indirect benefits, such as improved ...
s residents in terms of the benefits it provides and its premium costs. Michigan could be viewed as an experiment on both the promises and pitfalls of a grand vision for no-fault auto insurance. Our paper contributes to an important debate on whether no-fault auto insurance can be saved ...
on having a policy, select more expensive plans. Because higher income policyholders and their employers spend more on ESI, they also receive a disproportionate amount of government subsidies for health insurance, even when we account for non-ESI subsidies through Medicare, Medicaid, and Premium ...
(c) Bank paid Rs. 30,000 directly for insurance premium of Basu. (d) Cash deposited into Bank Rs. 5, 00,000. (e) Withdrawn cash from Bank for personal expenses Rs. 85,000. Illustration 2: Journalise the following transactions in the books of Shri Shiv Kumar Gupta: ...