Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the Entry for Prepaid expenses? which side it come
in balance sheet?

Answer Posted / kavitha

Prepaid Expense A/c Dr.
To Bank/ cash A/c

Prepaid exps. will come under asset side of balance sheet &
will be deducted from the expense for which pymt has been
made in advance & net amt will be shown in P&L account.

Is This Answer Correct ?    2 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is ledger account

2097


what are responsibilities of an accountant in a company?

2258


A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in

1974


what are the importance accounting entries for AP and AR process in interview..

1650


which are the basic princeples of accountancy... with examples

2166


In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected

2116


How to answer for the question, tell me about ur project? I mean in which format can i say?

2067


In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.

4243


What part can management policy play in the analysis of cost behaviour?

2061


Name some errors which can be detected by Trial Balance

2112


how a fund flow statement benefit the individual, corporate?

2228


What's the meaning of Preferential Creditor?

2189


sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA

2139


where we have file E-returns in SAP FICO-CIN/Wtax?

2651


I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.

1748