📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    ABD Limited received 5,90,000 as premium on new policies

    and 1,20,000 as renewal premium. The company received 90,000 towards reinsurance accepted and paid 70,000 towards reinsurance ceded. How much will be credited to Revenue Account towards premium?
    A 7,10,000 Correct Answer Incorrect Answer
    B 8,00,000 Correct Answer Incorrect Answer
    C 6,90,000 Correct Answer Incorrect Answer
    D 7,30,000 Correct Answer Incorrect Answer
    E 4,90,000 Correct Answer Incorrect Answer

    Solution

    Practice Next
    More Accounts Questions

    Relevant for Exams:

    ask-question