Category: IC46 GENERAL INSURANCE ACCOUNTS PREPARATION – 20

Que. 1 : Q1) The financial statements in general insurance business does not include    1.  a) Revenue Account    2.  b) Profit and Loss Account    3.  c) Receipts and Payments Account    4.  d) Trading Account Que. 2 : Q2) Accounting policies of insurance companies must adhere to: i) All accounting standards issued by ICAI ii) All auditing standards issued by ICAI iii) […]