expense paid but the benefit not been received so far like
deferred exp so can we consider it as a prepaid exp.
Answer Posted / anurag mundra
No, it can not be prepaid exp. prepaid exp are those type
of exp of which benefit will be in future but incurred at
present.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
What is the working formula for Inventory turnover
whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector
please tell me questions asked in NICMAR for the post of accounts executive
what are the accounting ratios
What is payment/receipt/period accruals?
Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
diffrence between the profit center and business area
state and explain THREE types of situation to which accounting concept might be applicable
You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000
Hi friends can you send me the Accounting Interview questions with a interview experienced questions please
What is the Branch Accountant Responsbilities ?
While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.
what is difference between venture capital financing and equity financing?
Where to enter bonus and pf esi in tally pls help for me