Your Questions About Personal Injury Claim

Betty asks…Where would a pending personal injury claim be listed on a company's balance sheet?admin answers:You would never see those details on a balance sheet. Please specify why you think it's there? I would think it would appear under a category for money set aside for claims for insurance companies, or for a regular business they would post funds set aside, but not necessary too, under liabilities, insurance, other claims or something like that. Then, once money was spent for it, as a

Read more ...