Journalise the following Entries?
Outstanding salary of rs. 20000/-
Prepaid insurance of rs. 5000/-
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Answer Posted / annapoorna
Very interesting discussion between you and Mudunoori.
Prepaid Insurance is an asset and will on assets side of
Balance Sheet. But according to you Prepaid insurance was
closed. So thin well before answering any question. Another
thing I want to comment is the Question is not properly put
| Is This Answer Correct ? | 2 Yes | 3 No |
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