what is the Entry for Prepaid expenses? which side it come
in balance sheet?
Answer Posted / amit tiwari
Prepaid Expenses A/c. Debit. . . To Respective Expenses A/c . (Being respective expenses paid in advance) . Prepaid Expenses comes under asset side of the balance sheet
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?
what is portfolio Saint?
impairment & Amortisation Means
what is an advance against expenses
what is data entry? what is report generation ?in accounting how it is used .
Expand---------OTMD
in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule
what are the suggestions to control NPA in rural areas?
Expand---------BPCD
2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty
whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector
what is meant by qurum
What is the use of final account?
what is the good prasentation on interview
What is the analytical way of accounting?