insurance received

Is insurance received in add other income on income statement

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Income statement 

Replies (3)

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Scalloway Castle
By scalloway
13th Mar 2021 09:12

Was the insurance payment to do with loss of business income or to recover costs incurred?

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RLI
By lionofludesch
13th Mar 2021 10:33

Depends.

What's it for ?

Disclose as little as that and you won't get the answer you want.

Thanks (1)
Stepurhan
By stepurhan
13th Mar 2021 22:05

Surely with the abundance of information you have and we don't (because you have provided us with virtually nothing) you can answer that question can't you?

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