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From the following information, calculate the amount of premium to be credited to Revenue Account: OMR Premium received during the year 7,000,000 Outstanding premium end

From the following information, calculate the amount of premium to be credited to Revenue Account: OMR Premium received during the year 7,000,000 Outstanding premium end of the year 700,000 Premium received in advance on end of the year 900,000 Re-insurance accepted 300,000 Re-insurance ceded 500,000

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