Insurance premium paid by firm on 1st December, 2021 for the year up to 30th November, 2022 was Rs 18,000 and Insurance Premium paid on 1st December, 2022 for the year up to 30th November, 2023 was Rs 30,000. What amount will be debited to Profit & Loss A/c for the year ended 31st March, 2023?
(A) Rs 18,000
(B) Rs 20,000
(C) Rs 22,000
(D) More than one of the above
(E) None of the above
