Archive | Final Accounts

Final Accounts of LIC (With Format) | Accounting

This article provides a format of final accounts of LIC.  A life insurance company shall prepare the Revenue Account [Policyholders' Account], Profit and Loss Account [Shareholders' Account] and the Balance Sheet in Form A-RA, Form A- PL and Form A-BS, as prescribed in this Part, or as near thereto as the circumstances permit. Provided that an insurer shall prepare Revenue [...]

By |2017-02-06T20:58:57+00:00February 6, 2017|Final Accounts|Comments Off on Final Accounts of LIC (With Format) | Accounting

Top 5 Problems on Final Accounts of the Companies

Are you looking for problems and solutions of final accounts of the companies? You are at the right place! In this article we have compiled top five accounting problems on final accounts of the companies with its relevant solutions. Contents: Preparation of Profit and Loss Account, Profit and Loss Appropriation Account and Balance Sheet of a Company Preparation of Balance [...]

By |2016-12-13T19:15:51+00:00December 13, 2016|Problems|Comments Off on Top 5 Problems on Final Accounts of the Companies
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