what is the Entry for Prepaid expenses? which side it come
in balance sheet?

Answer Posted / santoh kumr.v

prepaid expence a/c Dr

To cash a/c
It will come to Asset side in Balance sheet

Is This Answer Correct ?    6 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

please send me last 3 years question & solution

1574


Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

1725


how do you prepare the mis reports and prepare the one example report stating your accounts department proforma

1561


How can I explain p2p process in SAP?

2740


WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION

1527






How & When We Calculate Deffered Tax... Please Give me Some Example.?

1626


Can I freeze my account?

1686


what are the different causes for discrepencybetween the balance of cash book and pass book

1463


Explain valuation methods of Normal and Abnormal loss

1603


what is meant by virus

7056


WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?

1608


what is the difference between planned and non planned budgt

1552


How do you manage the sales account in tally

1579


i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1508


I want to know with example of vat & Salestax

1888