pre paid expense is a asset?where it should be posted.

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Question Posted / sai.malisetty

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pre paid expense is a asset?where it should be posted...

Answer / radhu

yes,is is a asset ,it would posted under the head current
assets.

Is This Answer Correct ?

23 Yes

2 No

pre paid expense is a asset?where it should be posted...

Answer / venkatesh

It is an Expenditure incurred during the Current Period which relates to Future Period.It should be shown under Current Assets & Advances on the Balance Sheet.

Is This Answer Correct ?

6 Yes

0 No

pre paid expense is a asset?where it should be posted...

Answer / gouthami

prepaid exepenses comes under current assets. it should be
posted on assets side in balance sheet under current assets.

Is This Answer Correct ?

6 Yes

2 No

pre paid expense is a asset?where it should be posted...

Answer / raj kumar

prepaid expense is a representative
account and it is incurring presently for r
future benefit so its an asset posted in
balance sheet asset side under the head of f
current asset.

Is This Answer Correct ?

3 Yes

0 No

pre paid expense is a asset?where it should be posted...

Answer / monu aggarwal

It should be posted under the head of miscellaneous
wxpenditure.Becose it will use in kist.it will be show in
the balance sheet in asset side.
under current asset-sundery debtors,bank account,cash in
hand etc.

Is This Answer Correct ?

2 Yes

6 No

pre paid expense is a asset?where it should be posted...

Answer / guest

credit side

Is This Answer Correct ?

0 Yes

7 No

pre paid expense is a asset?where it should be posted...

Answer / sumit malik,b.com,icwai(final)

it is posted in balance sheet in asset side under the head
miscellaneous expenditure