what is the eatery for the prepaid expenses
Eg: prepaid rent

Answer Posted / rathnakar

1.Prepaid Exp. Dr
To Cash/Bank A/c.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY

1542


what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?

1455


how do made in finalization

1547


What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?

1126


what is gl a/c? & why is it maintain

1463






WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE

13480


Tell me what are things will not be included in bank reconciliation statement?

657


can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power

1307


What is the difference between trial balance and general ledger?

626


Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?

589


What is reversing journal entries?

617


How to group the companies in tally?

1566


explain me what steps would you take to increase revenue for this company?

585


hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me

1832


how to pass interest on security entries and salary payable entries in tally and how to maintain e-commerce company account please revert me ASAP its needful for me

877