Question
Profit and Loss Account is
prepared:Solution
A profit and loss account (also known as an income statement or statement of operations) is a financial statement that summarizes a company's revenues, expenses, gains, and losses over a specified period of time, typically a month, quarter, or year.
What do you mean by money back policy in insurance?
A motor insurance cover note is valid for how many days?
The product which we buy due to necessity is called a ______ purchase.
Erection All Risks (EAR) Policy is also known as:
Mortality Charge is the amount charged _____________ by the insurer
The Life Insurance Corporation of India (LIC) came into existence in which year?
Which of the following is insurable?
A type of insurance often used for high frequency low severity risks where risk is not transferred to an insurance company but retained and accounted f...
An auto-mobile insurance option, available in some states, that covers the difference between a car’s actual cash value when it is stolen or wrecked a...
Which of the term is the used when a policy has lapsed due to non-payment of premium?
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