Insurance premium in Arrears
What are the Insurance premium in Arrears?
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Insurance premium in Arrears: For this, let’s take an illustration, you pay your insurance premium after 1 month. When you did not pay 3 month insurance premium, this will be three month insurance premium in the arrears.
What are various methods to assign support cost?
Liability of partners: A) Under contract law: Liability is joint only (collectively); The creditor has only one right of action (except in NSW, where liability is now joint and several).
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Explain the term bank reconciliation statement?
Why you want to be an accountant? Normal 0 false
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What do you mean by the term reaping the benefits of IT? Explain n brief?
Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.
Unit Cost: The cost of a chosen unit of a good or service. Illustrations comprise dollar cost perton, machine hour, labor hour, and department hour.
What are the various Calls in Arrears? Describe it.
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