I. AccountNo.11112 of the Accounting System for Insurance Companies: Pledged loan by the insured?
1, this course accounts for the pledged loans provided by life insurance companies to policyholders according to regulations. ?
2, the insured mortgage, debit the subjects, credited "cash".
Second, in the balance sheet of an insurance company, monetary funds, transactional financial assets, financial assets bought for resale, premiums receivable, reinsurance accounts receivable, interest receivable, reinsurance unearned liability reserve receivable, reinsurance outstanding claims reserve receivable, reinsurance life insurance liability reserve receivable, pledged loans of policyholders, and time deposits are all assets.
Extended data:
The premium that the enterprise (insurance) is scheduled to charge the insured according to the original insurance contract can be set as 1 122 premium receivable, and detailed accounting can be carried out according to the insured.
Fees and commissions receivable by enterprises (finance) can be changed to the subject of "1 124 fees and commissions receivable", and detailed accounting shall be carried out according to the debtor.
Excluding all kinds of receivables arising from non-operating activities. Because of selling goods, providing services, etc. A contract to collect money or attract the price by extension is essentially financing and is accounted for in the subject of "long-term receivables".
Accounts receivable incurred by an enterprise shall be debited to this account according to the amount receivable, and credited to "main business income", "fee and commission income" and "premium income" according to the confirmed operating income. When collecting accounts receivable, debit "bank deposit" and other subjects and credit this subject. Those involved in the output tax of value-added tax should also be dealt with accordingly.
The packaging fees and miscellaneous fees paid by the purchasing agent shall be debited to this account and credited to "bank deposit" and other subjects. Make an opposite entry when recovering the prepaid expenses.
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