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 prepaid expenses & entry

Answer Posted / sanjeeva reddy

Pre paid expenses are those which are paid in advance than
they accrue.

Entry for the same

Pre paid Expenses a/c Dr (Under Current Assets)
To Bank/ Cash a/c

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

My client has not filled income tax return for ay-2013-14

1581


send me all current year taxation such that rates and exemptions or on which web site i have to prefer

1922


Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?

1999


taxes leivied on carpentar & plumbing services

1641


if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

1760


if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??

1711


In advance c form dvat why not showing the amount in form verification

1532


My Question is regarding WCT. During an audit of a company, i saw a contractor consolidated invoice for installation at site in which it shows labour charges and goods supply separately and no service tax and vat is charged. The company pay the whole amount to contractor after deducting TDS. my question is whether WCT also deducted? if deducted at which rate if company in gurgaon?

2174


In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.

1580


What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

2398


i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income

1865


what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure

2069


when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com

2027


At what point excise duty is accrued

1392


how to modify 12% to 13.5% in tallyerp9 release 1.6

2112