The association''s benefit

Reference no: EM13906617

A, B and C are accomplices in a firm sharing benefits and misfortunes in the proportion of 5:4:3 individually. The firm had safeguarded the accomplices' lives severally, A's life for Rs. 20,000, B's life for Rs. 16,000 and C's life for Rs. 14,000. The premiums were charged to the association's benefit and misfortune account. The surrender estimations of these strategies were 20% of the arrangement sum. B passed on 1.4.2011. Compute B's offer in strategies.

Reference no: EM13906617

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The premise of benefits : Benefits for the period he lived in the year of death on the premise of benefit of instantly earlier year.

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The association''s benefit : The firm had safeguarded the accomplices' lives severally, A's life for Rs. 20,000, B's life for Rs. 16,000 and C's life for Rs. 14,000. The premiums were charged to the association's benefit and misfortune account.

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What is the outside stores necessity for the approaching : The accompanying data is accessible for ABC Limited : A/S = 0.6, S = Rs.300 million, L/S = 0.30, m = 0.08, S1 = Rs.350 million, and d = 0.5. What is the outside stores necessity for the approaching year?

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Misfortune conformity record and capital records : Pass diary passages, show benefit and misfortune conformity record and capital records and get ready balance sheet of Anil.

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