At the time a payment is made that represents a prepayment of an expense, a prepaid account such as Prepaid Insurance is debited and the Cash account is credited. This records the prepayment as an asset on the companyâs balance sheet.
English and American cases dealing with the insurance meaning of war have defined it in accordance with the ancient international law definition: war refers to and includes only hostilities carried on by entities that constitute governments at least de facto in character..
State Department legal adviser Harold Koh told the American Society of International Law in March 2010 that the United States is in an ongoing armed conflict with al Qaeda, and so has the authority under the laws of war to use lethal force against al Qaeda members and associated forces.