Prepaid exp.a/c....dr to cash a/c

u paid cash to supplier in advance for purchasing goods in
future? so what will be the entry in tally?

Question Posted / kirti verma

Answer Posted / kirti verma

Prepaid exp.a/c....dr
to cash a/c

Is This Answer Correct ?

3 Yes

6 No

Please Help Members By Posting Answers For Below Questions

what is valuation code and valuation modifier in sap fico

2452

In which term & condition excise invoice raises & for what excise invoice raise?

1407

what is account reconcillation

2155

if you are a hard working nature conclude your self?

2058

Tell me what are the activities that includes in cash flow statement?

1390

what is debit balance report in SAP?. how do you describe DB report in brief.

2015

what are the extraordinary items?

1016

What is the definition of accounting?

1116

How Many Accounting Principale

1778

What is "deposit in transit"?

1264

Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??

1942

What is the entry to be passed on receiving the tds certificate in the books of the deductee?

2632

Explain how you can adjust entries into account?

1175

What qualities have you got that would make you a good accountant?

1049

Differentiate between provision and reserve?

1142