Q1) Mrs. Yuli has a policy under her own name at PT.AJ Senandung Merdu (Company name) with a sum insured of IDR 450,000,000, - on February 5, 2018 Ms. Yuli received a letter of notification of policy benefits due to policy due on 10 February 2018, with a statement that the policy benefit is 120% of the sum insured which will be calculated with the policy loan of IDR 80,000,000 and the policy loan interest is IDR 9,600,000. Mrs. Yuli was asked to submit the original policy to the company's claims. Mrs. Yuli submitted her policy on February 12, 2018 and the benefits of the policy due were transferred to Ibu Yuli's account on February 15, 2018. You are asked to make a journal.

Q1) Mrs. Yuli has a policy under her own name at PT.AJ Senandung Merdu (Company name) with a sum insured of IDR 450,000,000, - on February 5, 2018 Ms. Yuli received a letter of notification of policy benefits due to policy due on 10 February 2018, with a statement that the policy benefit is 120% of the sum insured which will be calculated with the policy loan of IDR 80,000,000 and the policy loan interest is IDR 9,600,000. Mrs. Yuli was asked to submit the original policy to the company's claims. Mrs. Yuli submitted her policy on February 12, 2018 and the benefits of the policy due were transferred to Ibu Yuli's account on February 15, 2018. You are asked to make a journal.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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