Mediclaim paid

This query is : Resolved 

11 March 2017 Can we show mediclaim paid under investments head in tally ?

I have paid mediclaim premium through my bank and have to pass a journal entry for the same.

11 March 2017 MedicliamPolicy is not Investment you have to consider under capital account .

11 March 2017 Its not an investment. Moreover Mediclaim is taken for the owner so it is considered as 'Drawings'




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