what is the Entry for Prepaid expenses? which side it come
in balance sheet?

Answer Posted / manas jose

prepaid expense a/c dr
to particular expense a/c cr

prepaid expense comes on the asset side of balance sheet

Is This Answer Correct ?    168 Yes 28 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks

1455


im preparing for the sbi clerical post please send me the solved questions.

1763


My name is Tasha actually I had put my file for Australia PR on basis of Hairdresser, and I have shown my qualification of 10th passed, but I done my B.Com with Accountancy, and presently I am working as Accountant,Now I want to put up my file for Australia Student is it possible, and my age is 36 yrs, I had already given my IELTS (Academic) and I have scored 6 bands, but its period has been expired,please give me some answer what to do next.

1840


Can v transfer trail balance to journal entry how and with example?

1747


Clasify capital

1519






What do u mean by pass through expenses? give examples, how it will be accounted & billed?

5455


what is mean by ledger

3033


plz tell me the finance questions asked in hsbc latest question asked in hsbc?

1516


Expand-------URM

1478


sort out the difference between service provider & service reciepient from the service tax.

1635


intorduse your self ? what to say if iam fresher.

2086


outstanding expenses, prepaid or unexpired expenses

3506


you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2261


How can a company reduce profit

1514


What is T+2 rolli g settlement cycle?

1988