Insurance paid represents Rs 500 relates to next year.
what will be the journal entry..??
Neelesh Choudhary (business) (57 Points)
07 October 2013Insurance paid represents Rs 500 relates to next year.
what will be the journal entry..??
RUPESH CHOUDHURY
(Student)
(484 Points)
Replied 07 October 2013
Prepaid Expenses A/c...............Dr 500
To Cash/Bank A/c 500
Sidharth
(Article Assistant)
(80 Points)
Replied 08 October 2013
If u have already recorded journal entry earlier as
Insurance A/C...dr
T Cash/ bankA/C
then, u need to pass
Prepaid insurance A/c.....dr
To Insurance A/c
Neelesh Choudhary
(business)
(57 Points)
Replied 11 October 2013
Prepaid Insurance under which group..??
RUPESH CHOUDHURY
(Student)
(484 Points)
Replied 11 October 2013
Neelesh Choudhary
(business)
(57 Points)
Replied 11 October 2013
Originally posted by : RUPESH CHOUDHURY | ||
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Originally posted by : neelesh Prepaid Insurance under which group..?? CURRENT ASSETS |
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