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

Answer Posted / rathnakar

1.Prepaid Exp. Dr
To Cash/Bank A/c.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.

1657


Tell me about a situation where you showed determination?

582


What methods do you use to discover sales opportunities?

589


When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

1469


What we have to post entry for payroll processing ? (Indian payroll)

2123






Explain what is involved in the process of double-entry accounting?

1844


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

1524


How is an accounting department structured?

641


PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)

1548


X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?

1615


Is buy or sale trade will impact on Nov? Yes/No Please explain.

1454


sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,

1417


Is an "account receivable" and "goodwill" real accounts in accounting?

581


What is departmental accounting? Give an example

651


payment voucher for advance salary

940