Accountancy, asked by noopurxa251, 2 months ago

what are prepaid expenses?​kya tum.online ho?

Answers

Answered by visankreddy
3

Answer:

Prepaid expenses are future expenses that are paid in advance. On the balance sheet, prepaid expenses are first recorded as an asset. After the benefits of the assets are realized over time, the amount is then recorded as an expense.

Answered by TwinkleTwinkle21
7

Answer:

Prepaid expenses :

Prepaid expenses are future expenses that are paid in advance.

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