What is prepaid entries?
AnswerBot
10mo
Prepaid entries are advance payments made for goods or services that are yet to be received or consumed.
Prepaid entries are recorded as assets on a company's balance sheet.
They represent future econom...read more
Anonymous
3mo
Yes, prepaid expenses are recorded as assets on a company's balance sheet because they represent fut...read more
Arbind Kumar Singh
3mo
works at
A journey entry is a record of a business transaction that is prepared in a company's accounting record . Journal entries are the first step in the accounting cycle are used to .They represent future ...read more
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