OME OM 200,00 De Balance myth slims by maturity is reduction of premium Cance YOOS 239.00le non fundi 2020 5. commision 12. Premameinwand 550,00 Management expenses 50, dengan 2,000 nulding 30,00 Policy renewalter 1.500 Investment 2,785, and dividende 300.000 Mortgages in Oman 550,000 Dans on company's policies 245.000 Standing premium 20,000 Surrender 300 Dividend paid 20,000 Cash at bank 34,000 Cash in and 25,200 ene's Balance 33.000 TOTAL 4,306, OCTOTAL 2010 The following Trial balance of Bayan Assurance company LLC as on 11/12/2020 You are required to prepare the company's revente account for the tear ended 31/12/2020 and its balance sheets on that after taking the following matters into consideration articular landing the dow 20.000 Maccrued but not 19.500 the boiled into oprema 500 12.000 18 OMR Debit Balance OMR Kredit Balance Claims by death 270.000 Share capital 200,00 Claims by maturity 230,000ufe assurance fund(1.1.2020) 3,238,200 Bonus in reduction of premium 45,500 aims outstanding 25,000 (1.1.2020) Commission 12,500Premium less reinsurance 550,100 Management expenses 50,3000utstanding commission 2.000 Building 50,000 Policy renewal fees 1,500 Onvestments 2,765,000 interest and dividends 290,000 Mortgages in Oman 550,000 Loans on company's policies 215,000 Outstanding premium 20,000 Surrenders 8,300 Dividend paid 20,000 Cash at bank 34,000 Cash in hand 23,200 13,000 Agent's balance 4,306,800 4,306,80gJOTAL TOTAL The following Trial balance of Bayan Assurance company LLC as on 31/12/2020 You are required to prepare the company's revenue account for the tear ended 31/12/2020 and its balance sheet as on that after taking the following matters into consideration OMR Particulars 20,000 claims outstanding at the end of the year 19,500 Interest accrued but not received Further bonus utilized in reduction of premium 8.500 12,000 Claims covered under reassurance 08 OME OM 200,00 De Balance myth slims by maturity is reduction of premium Cance YOOS 239.00le non fundi 2020 5. commision 12. Premameinwand 550,00 Management expenses 50, dengan 2,000 nulding 30,00 Policy renewalter 1.500 Investment 2,785, and dividende 300.000 Mortgages in Oman 550,000 Dans on company's policies 245.000 Standing premium 20,000 Surrender 300 Dividend paid 20,000 Cash at bank 34,000 Cash in and 25,200 ene's Balance 33.000 TOTAL 4,306, OCTOTAL 2010 The following Trial balance of Bayan Assurance company LLC as on 11/12/2020 You are required to prepare the company's revente account for the tear ended 31/12/2020 and its balance sheets on that after taking the following matters into consideration articular landing the dow 20.000 Maccrued but not 19.500 the boiled into oprema 500 12.000 18 OMR Debit Balance OMR Kredit Balance Claims by death 270.000 Share capital 200,00 Claims by maturity 230,000ufe assurance fund(1.1.2020) 3,238,200 Bonus in reduction of premium 45,500 aims outstanding 25,000 (1.1.2020) Commission 12,500Premium less reinsurance 550,100 Management expenses 50,3000utstanding commission 2.000 Building 50,000 Policy renewal fees 1,500 Onvestments 2,765,000 interest and dividends 290,000 Mortgages in Oman 550,000 Loans on company's policies 215,000 Outstanding premium 20,000 Surrenders 8,300 Dividend paid 20,000 Cash at bank 34,000 Cash in hand 23,200 13,000 Agent's balance 4,306,800 4,306,80gJOTAL TOTAL The following Trial balance of Bayan Assurance company LLC as on 31/12/2020 You are required to prepare the company's revenue account for the tear ended 31/12/2020 and its balance sheet as on that after taking the following matters into consideration OMR Particulars 20,000 claims outstanding at the end of the year 19,500 Interest accrued but not received Further bonus utilized in reduction of premium 8.500 12,000 Claims covered under reassurance 08
