In Insurance The Following Profit And Loss Accounts Are Prepared?

Question: In Insurance The Following Profit And Loss Accounts Are Prepared?
a. Separate for Fire, Marine, and Accidents etc.
b. Consolidated for Fire, Marine, and Accidents etc.
c. None of these

[efaccordion id=”01″] [efitems title=”Show Answer” text=”Consolidated for Fire, Marine, and Accidents etc.”][/efaccordion]