Accountancy, asked by namitha39, 11 months ago

what is the weages perpaid means the amount will decrease or increase ​

Answers

Answered by debangshu90hazra
1

Answer:

Prepaid expenses are those expenses which have been paid in advance and related benefits are not consumed within the same accounting period. The benefits of expenses incurred are carried to the next accounting period. Examples – prepaid salary, prepaid rent etc.

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