Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

plz solve its timed!! A banker in the ordinary course of his business honor's cheque drawn on him by people who have deposited money with

plz solve its timed!!
image text in transcribed
A banker in the ordinary course of his business honor's cheque drawn on him by people who have deposited money with him is given by None of these Sir John Paget Hart's Halsbury Misured his car for OMR 5.000. He car was damaged by the next house people. He lodged a complaint against he neighbor in ROP and made a claim with the insurance company. The insurance company paid for the damages to Mr. All, and proceeded with the complaint made by Mr Ah and recovered the amount from the neighbor. This is an example of Principle of subrogation Principle of contribution Principle of indemnity Principle of loss minimization Unexpired discount represents: Prepaid expenses Accrued income None of these Income received in advance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fraud Smart

Authors: K. H. Spencer Pickett

1st Edition

0470682582, 978-0470682586

More Books

Students also viewed these Accounting questions