De 10 Not yet Provisions are shown on the Maried out of 100 gestion Income statement only Income statement and balance sheet Liabilities side of the balance sheet None of these Question 12 Calculate the source of funds from the information given in Vision Insurance company. Not yet answered Particulars OMR Particulars OMR Marked out of 1.00 Share capital 250 Life fund at the year end 2,212.5 P.Flag question Cash in hand 62.5 General reserve 75 Sundry creditors 62.5 Loans on company policies 82 Borrowings 250 Agent's balance 12.5 Provision for Income tax 250 Sundry debtors 5 Furniture 237.5 Premium outstanding 4 Source of funds OMR 3,104 OMR 2,850 OMR 3,100 OMR 2,787,5 o 13 13 Met Arisaned his car for OMR 5,000. His car was damaged by the next house people. He lodged a complaint against his neighbor in ROP and madera claim with the insurance company. The Isurance company paid for the damages to Mr. All, and proceeded with the compitoint made by Mr.All art recovered the amount from the neighbor. This is an example of Principle of indemnity Principle of contribution Principle of loss minimization Principle of subrogation 14 14 Which of the following insurance contract is not based on the principle of indemnity? red 20 ton Life insurance Marine Insurance Car insurance Fire insurance