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pre paid expense is a asset?where it should be posted.

Answer Posted / monu aggarwal

It should be posted under the head of miscellaneous
wxpenditure.Becose it will use in kist.it will be show in
the balance sheet in asset side.
under current asset-sundery debtors,bank account,cash in
hand etc.

Is This Answer Correct ?    2 Yes 6 No



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