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what is the entry pass of prepaid expense & o/s expenses?

Answers were Sorted based on User's Feedback



what is the entry pass of prepaid expense & o/s expenses?..

Answer / rocky

prepaid exp dr
to cash

exp dr
to out exp

Is This Answer Correct ?    4 Yes 0 No

what is the entry pass of prepaid expense & o/s expenses?..

Answer / pavan

Prepaid expenses a/c dr
to expenses a/c

expenses a/c dr
to o/s expenses a/c

Is This Answer Correct ?    4 Yes 1 No

what is the entry pass of prepaid expense & o/s expenses?..

Answer / faizan khan

expenses a/c dr to o/s expenses a/c

Is This Answer Correct ?    1 Yes 0 No

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