Tag Archives | Accounting Treatment

Accounting Treatment for Life Insurance Policies

In this article we will discuss about the accounting treatment for life insurance policies. Sometimes a Life Insurance Policy is taken in discharge of a debt from a debtor. Accounting Treatment: In the books of the Creditors: Accounting treatment in the books of creditor depends on the following two conditions: (a) Whether said policy is […]

Preference Shares of a Subsidiary Company

In this article we will discuss about the Accounting Treatment Relating to Preference Shares of a Subsidiary Company. A subsidiary company may have issued equity shares as well as preference shares. In such a case, irrespective of the percentage of preference shares held by outsiders, the minority interest will include the paid up value of […]

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