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i want it in word format please and make sure its totally correct. no its the full question. no more information needed Problemat: Following is
i want it in word format please and make sure its totally correct.
no its the full question. no more information needed
Problemat: Following is the informatice el MH iurance company engaged in metal intre 30 31 December 2019, find out the following Particulars Direct Insurance RO RO 1. Premium: Received Reseable-01 Jan 2019 -31 Dec 2019 20,00.000 1,000,000 1.50.000 30.000 2. Premium Paid Payable-01 Jan 2019 31 Dec 2019 200.000 10,000 30.000 1.00.000 3. Claims Paid Payable-01 Jan 2019 31 Dec 2019 12.50,000 1.05,000 1.50,000 10.000 20.000 4 4. Claims Received Receivable-01 Jan 2019 - 31 Dec 2019 15.00 21.000 s. Commission on insurance accepted on insurance ceded Other expenses and income Salaries RO 160,000, Rent rates & taxes RO 15,000. Printing & stationery RO 20000, Interest dividend & rent received (et) RO 120.000, Legal expenses including RO 10,000 in connection with the settlement of claims)RO.30,000, Income tax RO 10,000, Bad debts RO. 25.000 You are required to callatet Net premium received. Claims incurred. commission paid income from incepering expenses and the amount of operating profiter les related to insurance business Step by Step Solution
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