What is the journal entry for Prepaid expenses?
Answer Posted / raju
when paid in advance, the general entry would be like that
prepaid expense a/c dr
to expense a/c
Is This Answer Correct ? | 2 Yes | 14 No |
Post New Answer View All Answers
How do you classify errors in accounting?
What is use of statistics in accounting?
Tell me an example of a tough decision that you had to make?
Explain what qualities and skills make an account manager successful?
What is the difference between a provisions and reserves?
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
As you know account executives need to be talented salespeople. Do you have experience making sales?
while raising credit note for price difference,is it mandatory to charge excise duty 12.36% and vat 14.5% on local supplies
what is groups and and ledgers in tally can you give why we need to prepare them
Plz Ask from me New Accounting Questions.
pls let me know double entry of 'LEASING"
Which steps in Procurement to Pay process does FI documents get created.
Tell me what are the key tasks for account executive?
examole of cash to cash contra entry
how to calculate forefeiture of share when over subcription