12 January 2018
ITS URGENT !!! Dear Friends, I need to know how we can show our LIC Policies investment in our Balancesheet . can we show it in its surrender value (that can be available to us from LIC Office).Or we can show as all that preminum that we had paid till date.for example i paid yearly premium of 10000/- and for 15 year i paid the premium so can in my balancesheet as 10000*15=150000/-
CAclubindia
