Prepaid insurance

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SONU SINGH (Querist)
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13 May 2015 I want to know that how to calculate prepaid insurance if period of insurance i.e. from 20/05/2015 to 19/03/2016 Rs. 36946

CMA. CS. Sanjay Gupta (Expert)
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13 May 2015 Why you need to calculate prepaid insurance since the period is within same FY 2015-16? Is it for periodical accounts.

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