Surrender of policy

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 May 2013 What is the Treatment of Surrender of AVIVA Insurance????

What if it get matured?????

How to record in books?

Thanks & Regards

CMA Ramesh Krishnan (Expert)
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16 June 2013 In both the case amount received adjusted with your investment and excess or shortage need to be dr/cr to p&l a/c

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