pre paid expense is a asset?where it should be posted.
Answer Posted / 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 |
Post New Answer View All Answers
Sales tax waybill is required for how much value of invoice (for example we raise Rs.1000 bill is waybill required in andhra pradesh)
Do you know retail banking?
What is the definition of accounting?
Define tally accounting
What is your role in planning?
EXPLAIN EACH SECTION PROVISIONS ON TDS?
a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?
Pls tell me the basic rules of accounts for interview in finanace or accounts section
Explain me what is tally accounting?
How do you build a successful business relationship?
What are the accounting events that are frequently involved in compound entries?
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
Dear sir, In tally what is list of cost centres? and what is the list of cost categories?
If a transaction was missed completly how do you find it?
How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary