what is the Entry for Prepaid expenses? which side it come
in balance sheet?
Answer Posted / deepika
prepaid expense a/c dr
to cash/bank a/c
(being prepaid exp.paid in cash or by cheque)
and it will come in balance sheet under haed current assets
in assets side
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what's accounts payable
How can a shopkeeper maintain the daily data in tally
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???
IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT
what is data entry? what is report generation ?in accounting how it is used .
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...
DEfine SAP
Could u show me the sample TDS Document / Template
How & When We Calculate Deffered Tax... Please Give me Some Example.?
what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?
Expand---------ODMT
EXPAND___________NAC
what are the financial ratios that a manager see in accounting?