what is the eatery for the prepaid expenses
Eg: prepaid rent

Answer Posted / tapan maity

1) Prepaid Expenses A/C Dr
To Bank/Cash A/c

2) Expenses A/C Dr
To. Prepaid Expenses A/c

Is This Answer Correct ?    9 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

1.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,

1518


How to make a vat entry in books including setoff?

495


What do we mean by Redemption of shares and debentures?

1875


Tell me what is tally accounting?

3500


Explain me what makes a successful account manager?

601






in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

4584


describe any accounting process that you have developed or revised

623


Mention the types of ledgers?

673


What are the features of financial accounting?

1586


what is the minimum & maximum amount paid by company per day

1655


how to calculate vat,pf,esi,service tax in corporate firm

1510


what is contribution? how does it help in taking managerial decisions?

1533


goods worth rupees 440 distributes free among the poor?

1577


Explain accounting 101?

654


Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.

1507