Decrease in expense or income?Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Decrease in expense or income?This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts November 5, 2014 at 5:16 pm #207857 AhsanMemberTopics: 1Replies: 4☆Dear Sir,How a refund of insurance premium is treated? As a decrease in insurance expense (Cr Insurance exp a/c) or an income (Cr other income a/c) ? November 5, 2014 at 5:18 pm #207859 John MoffatKeymasterTopics: 57Replies: 54454☆☆☆☆☆As a decrease in the insurance expense. November 5, 2014 at 5:19 pm #207860 AhsanMemberTopics: 1Replies: 4☆Thanks sir. November 6, 2014 at 5:19 pm #208051 John MoffatKeymasterTopics: 57Replies: 54454☆☆☆☆☆You are welcome, Ahsan 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In