Insurance paid by company for staff

This query is : Resolved

SATYANARAYAN B.KOLI (Querist)
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28 February 2013 Dear Sir,

Please note that my company has paid Insurance premium of Rs.10,205/- to LIC twds Accidental policy of our two marketing staff but LIC has issued Receipt in favour of staff & not company kindly guide how to Account for this transaction ??

mitha

mitha (Querist)
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28 February 2013 Respected Experts,

Can anyone please help me out finding the best books for IPCC papers. I am preparing for Nov 2013 exams.
I have Tulsian's books for Accounting & Cost Accounting ( grp I) - latest editions.
For Auditing - Kamal Garg Sir 's Book n Class Notes.
So I need suggestions for rest of the papers like:
Law, ethics n communication
Financial Mgt
Taxation
Adv Accounting
IT & SM
apart from study materials.
Pls Pls help me out..

Thanks in Advance

Ajay Mishra

Ajay Mishra (Expert)
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28 February 2013 You may go for the following options regarding reference books for IPCC:

1. Accounts: Shukla & Grawal
2. Auditing: V K Agarwal or Padhuka
3. Law: Munish Bhandari or M P Vijay Kumar
4. Ethics & Communications: M P Vijay Kumar or Padhuka
5. Costing: S.N. Maheshwari & Padhuka
6. F.M.: Saxena and Vashisth and Padhuka
7. Taxation:
For Tax Theory: T N Manmohan /Girish Ahuja
For Numerical: Dr. Vinod Singhania
8. Information Technology: Padhuka and Dinesh Madan Notes
9. Strategic Management: Padhuka and ICAI Study Material

Also refer Scanner and suggested answer issued by ICAI for previous year exams.

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