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Subjects>Law & Government>United States Government

What is the accounting journal entry to record financed annual insurance premium?

Updated: 11/6/2022

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∙ 9y ago

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Debit annual insurance premium
Credit cash / bank

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∙ 9y ago

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Insurance acc Dr 1000 Cash acc Cr 1000 P&L acc Dr 1000 To insurance acc Cr 1000

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What is the journal entry for share premium?

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