Fire Insurance premium paid on 1 st October, 2011 for the year ended on 30 th September, 2012 was ₹2,400 and Fire Insurance premium paid on 1 st October, 2012 for the year ending on 30 th September, 2013 was ₹3,200. Fire

CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · June 2013
Fire Insurance premium paid on 1 st October, 2011 for the year ended on 30 th September, 2012 was ₹2,400 and Fire Insurance premium paid on 1 st October, 2012 for the year ending on 30 th September, 2013 was ₹3,200. Fire Insurance premium paid as shown in the profit and loss account for the accounting year ended 31 st December, 2012 would be —
(A) ₹2,400
(B) ₹3,200
(C) ₹2,800
(D) ₹3,000.

Topics: Fundamentals of Accounting

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