Prepaid expenses

This query is : Resolved 

11 April 2015 i am paid Rs.20000/- towards bank charges for f.y.2014-15 Rs.10000/- & f.y.2015-16 Rs.10000.

i am passed a entry in our books in f.y. 2014-15

Bank charges dr
to bank

i am not book prepaid expenses separately & debit all bank charges in profit & loss a/c of f.y. 2014-15, i am defaulter in any act.

please give me suggestion

11 April 2015 bank charges in advance for what ????

11 April 2015 bank guarantee & processing fees for next year 2 month


11 April 2015 then u must charge it to next year .. for c,y. make a prepaid entry for that

11 April 2015 if i am not pass prepaid expenses entry,
i am dissolution of any act
it is mandatory



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