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Prepaid revenue

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 August 2015 Dear Sir,

Prepaid Revenue Receipts from students (Advance Fee) are to be classified under liabilites under which Account or head?? in Balance Sheet.


Thanking you in advance.
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Arpit Shah

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Arpit Shah (Expert)
07 August 2015 http://www.accountingtools.com/questions-and-answers/what-is-unearned-revenue.html

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