Show Article with tag "dimuka"

Asuransi dibayar dimuka termasuk aktiva is an Indonesian accounting term that refers to prepaid insurance, which is an asset on a company’s balance sheet. It represents the portion of an insurance policy that has been paid for but not yet used. For example, if a company pays an annual insurance premium of Rp 12.000.000 in […]

Insurance paid upfront in English is known as “prepaid insurance.” It refers to an insurance premium paid in advance for coverage that will start at a later date or for a period that extends beyond the current accounting period. Prepaid insurance is an asset on the balance sheet as it represents a payment for future […]

Insurance paid in advance account number refers to an accounting practice where insurance premiums are recorded as an asset when paid in advance, and then recognized as an expense over the period the insurance coverage is in effect. This approach ensures that the financial statements reflect the true cost of insurance over the relevant accounting […]

Insurance paid in advance is an asset that represents the value of insurance coverage that has been paid for but not yet used. For example, if you pay your car insurance policy for the entire year upfront, the portion of the premium that covers the period after the current month is considered an asset. Insurance […]

In the context of accounting, prepaid insurance represents an asset account that records payments made for insurance coverage that extends beyond the current accounting period. Prepaid insurance is classified as a current asset because it is expected to be used or consumed within one year or the normal operating cycle of the business, whichever is […]

Insurance paid in advance, known as “asuransi dibayar dimuka” in Indonesian, refers to a type of insurance premium payment where the policyholder pays the entire premium upfront for a specified period of coverage, typically a year or more. Unlike traditional insurance policies where premiums are spread out over monthly or quarterly installments, “asuransi dibayar dimuka” […]