The purpose of the premium deficiency reserve is to Available answer options Select only one...
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Accounting
The purpose of the premium deficiency reserve is to Available answer options Select only one option A Write-off premiums owed to the insurance company that cannot be collected. B Create a liability account for premiums collected for which service has not yet been provided. C Record a liability for premiums owed to an insurer under an installment premium payment plan. D Record a liability if the unearned premium reserve will not be sufficient
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