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how to treat visa renewal expenses in a company ? is it a
prepaid expense?



how to treat visa renewal expenses in a company ? is it a prepaid expense?..

Answer / mithin

Visa Renewal Exp. a/c dr.
to p&l a/c.


its a prepaid expense then shown in asset side of the
balancesheet..

Is This Answer Correct ?    1 Yes 0 No

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