Accounting for life insurance companies

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 January 2013 Dear sir,

please clarify the following,

where to show changes in valuation of liability against life policies in force.

is it to be shown in Revenue account or valuation balance sheet.

Hemant Kumar

Hemant Kumar (Expert)
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19 January 2013 Valuation balance sheet

Hemant Kumar

Hemant Kumar (Expert)
Follow

19 January 2013 Valuation balance sheet

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Querist : Anonymous

Querist : Anonymous (Querist)

26 January 2013 thank u sir one more doubt,

why the income from investments appeared both in revenue account and p & l account.

please clarify the above sir....

thanks.

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