what is pripaid expences nd difference bteween pripaid and
advance

Answer Posted / mahender nath goswami

the prepaid exp. are those which are being exp. ain advance
and we get the benefits from that in the future , the
advance and prepaid exp. are same there is no difference
between both of them

Is This Answer Correct ?    3 Yes 12 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

about tally erp9

2761


What is the accounting treatment for finance lease in lessee's viewpoint?

1838


PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally

1754


WHAT IS INTEGRAL ACCOUNTING

1758


Can u please give me example of bonds? is National savings certificate a Bond?

2363






What is Direct Debit

1691


how to entery pass in tally when items damage(items insured)and claim to insurance co.

2017


state and explain THREE types of situation to which accounting concept might be applicable

1673


how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic

1599


We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.

1608


All shot cut key use in the tally software & it's uses

1609


what is the core accounts

1673


Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account

1536


what is the use of special general ledger if the normal trasaction in usage.

1613


if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.

1449