Prepaid expenses is an example of .

Related MCQs

• As per AS -30 prepaid expenses are not financial instruments.
• Preliminary expenses is an example of
• A ---------- policy covers loss of stock, fixed asset, profit, expenses etc.
• The independent branches are autonomous as they are allowed to make their own purchases from open markers and pay for their expenses.
• Actual petty expenses paid by branch from petty cash are to br shown separately in Branch Account.
• Opening stock + purchases + direct expenses – closing stock =