12th Class Accountancy Financial Statement Of Company Question Bank MCQs - Financial Statements of a Company

  • question_answer
    Insurance Premium of Rs.60,000 paid by company in advance. It will be shown under:

    A) Long term loans and advances

    B) Short-term loans and advances

    C) Other Non-current Assets

    D) Other current assets

    Correct Answer: D

    Solution :

    Other current assets


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