Accountancy, asked by enola, 9 months ago

how to show prepaid salary in an accounting equation? ​

Answers

Answered by Anonymous
10

\huge\star{\underline{\mathtt{\red{A}\pink{N}\green{S}\blue{W}\purple{E}\orange{R}}}}⋆

The equation being: Assets = Equity + Liabilities.

Step by Step Explanation: Usually prepaid expenses come under the asset side of the balance sheet and at any point of the accounting period the equation should be equal or matched

Answered by anibratains
5

The equation being: Assets = Equity + Liabilities. Explanation: Usually prepaid expenses come under the asset side of the balance sheet and at any point of the accounting period the equation should be equal or matched.

Similar questions