debit insurance premium expense
credit cash / bank
debit insurance premiumcredit cash / bank
debit insurance premiumcredit cash / bank
Debit annual insurance premiumCredit cash / bank
prepaid insurance a/c..........dr. To insurance a/c
Life insurance a/c......... Dr to cash a/c
debit cashcredit share capitalcredit share premium
Insurance acc Dr 1000 Cash acc Cr 1000 P&L acc Dr 1000 To insurance acc Cr 1000
debit accrued insurance expensecredit insurance payable
Debit life insurance paidCredit cash / bank
premium remained in capital projects fund, is there an journal entry for this
debit prepaid insurancecredit cash
debit prepaid insurancecredit cash / bank