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expense paid but the benefit not been received so far like
deferred exp so can we consider it as a prepaid exp.
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Answer Posted / rabindra kumar mallick
Expenses paid but benefit not been received so far it is
called deffered expenditure rather than prepaid Expenses,
Prepaid expenses means expenses paid in advance for
expenditure in comming year..
| Is This Answer Correct ? | 2 Yes | 0 No |
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