Accounting for Life Insurance Companies |
Contents
Introduction to Accounting | 1 |
Fundamentals of General Accounting | 7 |
Accounting for Changes in Surplus | 27 |
Copyright | |
21 other sections not shown
Common terms and phrases
account balances accounting equation accounting period accrual basis accrued actuarial reserve adjusting entries advance premiums agent agent's account amount balance sheet bank bonds book value capital gains chapter classification column commission control account cost debit December 31 decrease deducted deposit depreciation dividend earned employees equipment exhibit expense account fees Figure group insurance health insurance home office included income account income and expense increase incurred insurance company insurance premiums Interest Income investment income journal entry ledger account ledger assets line of business machine method mortgage loans nonadmitted nonledger operations paid payable payment percent policy loan policy reserves policyowner premium income premiums due Prems punched cards purchase real estate received reconciliation reinsurance Revenue Account salary settlement shown subsidiary ledger summary supplementary contracts Surplus account tape taxes transactions U.S. Annual Statement Unearned unit record equipment Unit record machine usually