what is journal entry for prepaid insurance premium
Prepaid Insurance Premium a/c.... Dr.
To Insurance Premium a/c
The three ethics of Accounting are given below:
1. Integrity: Integrity is a fundamental ethical principle in accounting that requires professionals to be honest, transparent, and trustworthy in their financial reporting and decision-making. Accountants should adhere to high standards of moral and professional conduct, ensuring that financial information is accurate, complete, and unbiased. They should avoid conflicts of interest and act in the best interests of their clients or organizations....