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Querist : Anonymous (Querist)
30 December 2009 prepaid expenses:
If in the year 2008-2009 say on 1-4-2009 paid insurance charges of rs.32000 for the year 1-4-09 to 31-3-2011.
and preparing balance sheet as on 31-12-2009, then prepaid will be calculated from which period?
Is it from 1-1-10 to 31-3-2011?
Am i Right plz help me out?

30 December 2009 Yes ur answer is right

31 December 2009 yes correct


31 December 2009 right ans. dear



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