Corteva Agriscience Accountant Interview Questions and Answers

Q1. About yourself in Brifly
Add your answer
Q2. Why are you join in our company
Add your answer

Accounting MCQ Question

Q1. Basic Accountig Question
Add your answer
Q2. What is journal entryy of prepaid expense
Ans. 
Prepaid expenses are assets that represent payments made for goods or services that have not yet been received.
• Prepaid expenses are recorded as assets on the balance sheet

• The journal entry for prepaid expenses involves debiting the prepaid expense account and crediting the cash or bank account

• As the prepaid expense is used up, it is recognized as an expense on the income statement

• Example: If a company pays $1,200 for i...read more
Answered by AI
Add your answer