A Prepaid Invoice is received in the month of June 2019 for Rs.1,20000 for the period Jan-19 to Dec-19. ... The entire amount is booked to expense in Company X. 50% of Invoice value should allocate to Company Y and should be amortized. Propose all the relevant journal entries along with impact.
Answers
Answered by
0
Answer:
can you send me the pic of the question then I can answer the question easily.
Explanation:
can you send me the pic of the question then I can answer the question easily .
Answered by
0
Answer:
A Prepaid Invoice is received in the month of June 2019 for Rs.1,20,000 for the period Jan-19 to Dec-19. The entire amount is booked to expense in Company X. 50% of Invoice value should allocate to Company Y and should be amortized. Propose all the relevant journal entries along with impact.
Explanation:
I think it will help you
Similar questions