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 Financial planning?

2108


it is better to invest in which securities short term/long term or both? please reason4 the same

2068


what is the organisation chart for accounting and finance ?

2418


bank exam paper

2281


Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?

2132


Give me the asset revaluation (at the time of asset value increase & decrease) journal entrys?

2230


plz tell me the finance questions asked in hsbc latest question asked in hsbc?

2160


what is sevice tax? on what service tax is applicable. explain with examples?

2344


why may types of accounts

2280


drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?

1526


fiscal year variant Vs posting period variant

2144


Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com

2268


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

2225


Hello to every body ... Its not its not a interview question In accounting field can we make Money ?

2028


Accounting related interview questions on ibm

1449