Accountancy, asked by rajashekar4396, 3 months ago

prepaid expenses witch sides come in balance sheet

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Answered by Anonymous

Th effect of the above adjustment entry is that the amount of prepaid part is deducted from the total of the particular expense, and the prepaid expense is shown on the assets side of the balance sheet.

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prepaid expenses witch sides come in balance sheet​

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prepaid expenses witch sides come in balance sheet