Question

Prepaid expenses comes under which group in tally ?

Answer 1

Answer:

List of different ledgers and their groups

Group Name Ledger Name

Capital A/c Partners Capital A/c

Current Assets Prepaid Maintenance Expense

Prepaid Expense

Prepaid Rent

Answer 2

Answer:

of different ledgers and their groups

Group Name Ledger Name

Capital A/c Partners Capital A/c

Current Assets Prepaid Maintenance Expense

Prepaid Expense

Prepaid Rent