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what is pripaid expences nd difference bteween pripaid and
advance
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Answer Posted / kamal rangra
Any payments we are making in advance are the Pre-paid
expences.
Ex:- Rent in advance, Policy premium, etc.
Therefore, there is no difference between Prepaid Expences
and payment made in advance.
| Is This Answer Correct ? | 1 Yes | 16 No |
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