Insurance
Insurance Regulator Annual Filing Fee
Paying the annual license renewal and filing fee to the Jordan Insurance Commission.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Regulatory Fees & Licenses | Expense (+) | 5,000.00 | - |
| Cash / Bank | Asset (-) | - | 5,000.00 |
💡 Accountant's Note
Annual regulatory fees are a mandatory operating cost for licensed insurers. They are expensed in the period they cover.
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