Question
A prepayment of insurance premium will appear
inSolution
The prepayment of insurance premium is recorded as an asset in the Balance Sheet because it represents the amount paid in advance for future benefits. Hence, it is shown on the debit side of the Insurance Account.
Vladimir Putin won a historic fifth term as President of Russia. What percentage of the vote did he secure?
Who is the author of the book “Pride, Prejudice and Punditry”?
Which IIT was ranked highest among Indian institutions in the QS Asia University Rankings 2026?
- Who among the following scored 243 runs in the ICC Champions Trophy 2025?
India has seen around 40% hike in export of coffee beans. Which type of coffee bean is exported majorly from India?
Operation Gaia is associated with:
The United Nations task force formed in March 2026 to safeguard Strait of Hormuz trade will be led by:
When was the Sagarmala Finance Corporation Limited (SMFCL) registered as an NBFC with the RBI?
- Which regulatory authority launched the ‘Related Party Transaction (RPT) Portal’ in February 2025?
How much did China invest in the world's largest hydropower dam on the Brahmaputra River?
Relevant for Exams:
